Hungary orders comprehensive probe into state contracts with 4iG

Hungary’s Tisza administration has launched a comprehensive audit into all financial, ownership, and contractual ties between the state and technology conglomerate 4iG. A decree published in the official gazette also instructs government officials to observe a prohibition on public statements regarding the firm during the probe.

The review coincides with Science and Technology Minister Zoltán Tanács announcing Hungary’s €500 million investment in the European Union's IRIS² satellite initiative. While the administration remains committed to developing national space infrastructure, it is re-evaluating whether 4iG will keep its lucrative state deals. Under the previous government, 4iG expanded aggressively into telecommunications and defense, with group leader Gellért Jászai receiving diplomatic status. In response to the scrutiny, 4iG stated that it continues to view its relationship with the state as a "partner."

Sources: 444, HVG, Telex.