Hungary audits state ties with 4iG amid satellite infrastructure shift

Hungary’s Tisza administration has ordered a comprehensive audit of all ownership, financial, and contractual links between the state and technology conglomerate 4iG. Published in the official gazette, the decree also prohibits state officials from issuing public declarations regarding the company during the inquiry.

The review coincides with Science and Technology Minister Zoltán Tanács announcing Hungary’s €500 million commitment to the European Union’s IRIS² satellite project. While the government aims to expand its space infrastructure, officials are reassessing 4iG’s involvement in major state contracts. The firm responded cautiously, noting it sees its government ties as a "partner" relationship.

Sources: 444, HVG, Telex.