Memorandum of Understanding for 8×8 Armored Vehicle Project

Patria Group and CSM Industry have signed a Memorandum of Understanding for the eight-wheeled armored vehicle project which covers the delivery and sale of 8×8 armored fighting vehicles. 

CSM’s production capabilities meet the requirements of the defense industry and will support the armored vehicle project. 

“We would like to contribute to the development of the engineering and defense industry in Slovakia, which has a long tradition in this country,” says Jussi Järvinen, President of Land business unit at Patria.

“It is also important to look for common opportunities and contribute to the development of this segment in Slovakia with our experience and innovations. By developing the manufacturing network in Slovakia for the 8×8 vehicle project, Patria will create new jobs in the Slovak industry.”

This cooperation will bring new jobs in the future, and opportunities for practical training for secondary and university students.

Both parties believe that the cooperation in the 8×8 project will also open up partnership opportunities for other projects and enable the acquisition of the skilled workforce, to gain experience and further development of both companies.

“CSM has represented the traditional Slovak engineering industry since 1967, and the partnership with Patria brings a combination of traditional values and new technology advancement from Finland,” says Tomáš Maroš, CEO of CSM Industry.

“We are happy to start a new journey together which means new opportunities for the region with high unemployment and skill development for future generations.”