Hungary orders audit of 4iG ties while preserving EU satellite funding

Hungary’s Tisza government has ordered a comprehensive audit of all financial, ownership, and contractual relationships between the Hungarian state and technology conglomerate 4iG Group. The review was formalized through a government decree published in the official gazette, accompanied by a gag order restricting officials from making public statements on the proceedings.

Despite the probe into the defense and telecommunications giant, Science and Technology Minister Zoltán Tanács confirmed that Hungary will proceed with a planned €500 million investment in the European Union’s IRIS² satellite infrastructure. However, officials are evaluating whether 4iG will retain its lead role in state space and IT procurements.

Responding to the government decree, 4iG issued a cautious statement noting that it remains a "partner" to the state as the government reassesses major public contracts.

Sources: 444, HVG, Telex.