Proguns Group S.A

Proguns Group S.A

4.60
PLN
-0.10
(-2.13%)
No data availableFinancial data will appear here once available

Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Marcin Krajewski
Sector
Technology services
Industry
Packaged software
Address
Warsaw Poland
IPO Date
Dec 6, 2021
Business
Proguns Group S.A. is a Poland-based defense and security solutions provider that specializes in the supply, servicing, and manufacturing of military and law enforcement equipment, tactical defense systems, and aviation support services. The company operates across multiple specialized defense and security business segments, providing: procurement, distribution, and maintenance of small arms, heavy weapons, and Gatling-style weapon systems; comprehensive maintenance, repair, overhaul, avionics modernization, spare parts provisioning, and pilot and ground crew flight training for UH-60 Black Hawk multi-mission helicopters; development, industrial engineering, and manufacturing of medium-caliber munitions, with a focus on 40 mm ammunition; specialized firearms, tactical instruction, and defensive training programs for state security agencies and uniform services; and defense logistics, regulatory compliance consulting, and security auditing services. Proguns Group S.A. serves national armed forces, law enforcement agencies, government institutions, and certified defense contractors primarily in Poland and across the broader European defense market, operating under concession licenses issued by the Polish Ministry of the Interior and Administration for the trade and storage of arms, ammunition, and explosives. Founded in 2018 and headquartered in Warsaw, Poland, the company was originally established as Asmodev S.A., operating in the video game development and digital publishing sector. In 2024, the enterprise executed a major strategic restructuring, pivoting its entire operational focus to the aerospace, defense, and security industries, which culminated in a formal corporate renaming to Proguns Group S.A. and the re-listing of its shares under the ticker symbol PGG on the Warsaw Stock Exchange's NewConnect market in January 2025. In line with its defense expansion strategy, the company has concluded several international commercial and defense partnerships, including an exclusive cooperation agreement with U.S.-based Charter Trading Corporation to promote, market, service, and supply UH-60 Black Hawk helicopters and training packages in Poland. Furthermore, Proguns Group S.A. has executed commercial agency and distribution agreements with prominent American defense manufacturers, including Dillon Aero Incorporated and U.S. Ordnance, Inc., and participates in the establishment of a specialized 40 mm ammunition manufacturing facility in Niewiadów through the special-purpose vehicle Fabryka Amunicji Pocisk S.A. in cooperation with Grupa Niewiadów-PGM and Singapore's ST Engineering.