Hungary audits state contracts with tech conglomerate 4iG amid satellite push

Hungary’s Tisza administration has launched an audit examining all contractual, financial, and ownership links between the state and technology firm 4iG. Published in the official gazette, the government decree also bars public officials from making statements about the company during the probe.

The inquiry coincides with Science and Technology Minister Zoltán Tanács confirming a €500 million investment in the European Union’s IRIS² satellite infrastructure project. Although Hungary intends to build up its space capacity, officials are reassessing whether 4iG will retain its extensive government contracts. Led by Gellért Jászai, 4iG has responded cautiously to the political shift, maintaining that it views its state connections as a partnership.

Sources: 444, HVG, Telex.