Hungary orders comprehensive review of state ties with tech firm 4iG

Hungary's Tisza administration has initiated a broad audit into all financial, contractual, and ownership connections between the state and technology group 4iG, according to a government decree published in the official gazette.

The review coincides with an announcement by Science and Technology Minister Zoltán Tanács that Hungary will commit €500 million to the European Union's IRIS² satellite network. However, 4iG's ongoing role as a chief provider for state space and telecommunication projects is being re-evaluated under the ongoing investigation.

The government has restricted officials from issuing public statements regarding 4iG for the duration of the inquiry. Following the announcement, 4iG responded with a cautious posture, framing its operational relationship with the government as an ongoing partnership.

Sources: 444, HVG, Telex.