Military equipment production and modernisation
Overhaul and modernisation of diesel engines for armoured vehicles and tanks, and of railway power units.
We invest in defence and dual-use technologies
European Defence Group is an investment company listed on the Warsaw Stock Exchange. We allocate capital to companies and projects in the defence sector.
- Market
- Warsaw Stock Exchange
- Ticker
- PGV
- ISIN
- PLZSTAL00012
- Listed since
- 2007
Focus areas
We invest in four areas of the defence sector.
Unmanned systems
Unmanned aerial vehicles for combat and logistics missions.
Counter-UAS technologies
Detection, identification, tracking and neutralisation of hostile drones. Systems that protect military bases and critical national infrastructure.
Battlefield reconnaissance systems
Developed by the group's drone companies.
Mission
We bring together capital, expertise and technology to support the modernisation of the armed forces in Poland and across Europe.
Vision
A holding company resilient to geopolitical shocks, combining Polish defence technologies with companies of international reach.
New strategy, new name
On 7 September 2026, the Management Board adopted a strategy that provides for a full transformation of the Company's investment profile towards defence and dual-use technologies. The Company retains its investment character. What changes is the area in which it invests its capital.
On 23 September 2026, the Extraordinary General Meeting resolved to change the Company's name from PGF Polska Grupa Fotowoltaiczna to European Defence Group. On 9 October 2026, the court entered the new name in the National Court Register.
“We are becoming an entity fully focused on security and the defence sector.”
7 September 2026
Management Board adopts a new development strategy
Current report No. 14/2026 (PDF, in Polish)23 September 2026
General Meeting resolves to change the Company's name
Current report No. 15/2026 (PDF, in Polish)9 October 2026
Court registers the new name: European Defence Group S.A.
Current report No. 21/2026 (PDF, in Polish)
EDG S.A. in figures
- stake in Military Group S.A. controlled by EDG S.A. together with related parties
- 0.00%stake in Military Group S.A. controlled by EDG S.A. together with related parties
- total assets at the end of 2025
- PLN 0.0mtotal assets at the end of 2025
- net profit for 2025
- PLN 0.0mnet profit for 2025
- the year the Company debuted on the Warsaw Stock Exchange
- 2007the year the Company debuted on the Warsaw Stock Exchange
Source: current report No. 14/2026 and the Company's selected financial data for 2025.
Financial informationStructure
European Defence Group is an investment company. Operations are run by its subsidiaries: Military Group S.A., Axia S.A. and Solar Innovation S.A.
Defence pillar
77.85%Industrial and logistics pillar
Portfolio company
Group
European Defence Group
Investment holding company listed on the Warsaw Stock Exchange. It allocates capital to companies and projects in the defence sector and in dual-use technologies.
Defence pillar
Industrial and logistics pillar
Portfolio company
How we develop our companies
Developing existing assets
We expand the capabilities and scale of our portfolio companies, above all Military Group S.A.
- Military Group S.A.
- RSY Sp. z o.o.
- BizGate Aviation S.A.
- Clipeus S.A.
- Axia S.A.
Selective acquisitions
We look for opportunities to invest in new businesses. We are interested in unique dual-use technologies, including those of companies with international reach, among them companies whose solutions are in use on the Ukrainian front.
Investor relations
Current and periodic reports, governing bodies, corporate documents and shareholder structure.
Go to investor relationsLatest current reports
Contact the Company
Investors, media and partners are welcome to contact the Company directly.