Hungary audits state ties with 4iG while maintaining €500m EU satellite pledge
Hungary's government is auditing its ties with tech group 4iG while proceeding with a €500 million investment in the EU's IRIS² satellite network.
Hungary’s Tisza government is conducting a comprehensive audit of its financial, ownership, and contractual relationships with technology conglomerate 4iG Group. The audit was formalized through a government decree published in the official gazette, accompanied by a gag order restricting officials from making public statements on the matter.
Despite the review, Science and Technology Minister Zoltán Tanács confirmed Hungary will proceed with a €500 million investment in the European Union’s IRIS² satellite infrastructure. However, officials are evaluating whether 4iG will maintain its lead role in related state procurements. Responding to the political transition, 4iG stated it remains a "partner" to the state.
Sources: 444, HVG, Telex.
Sources
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