Hungary orders full audit of state contracts with tech giant 4iG

Hungary’s new Tisza administration has officially ordered a comprehensive audit into all contractual, financial, and ownership ties between the Hungarian state and technology conglomerate 4iG. According to a decree published in the official gazette, the investigation extends to all direct and indirect subsidiaries of the group.

Alongside the review, the cabinet placed a strict communication ban on public officials regarding matters concerning 4iG. The move coincides with Science and Technology Minister Zoltán Tanács announcing a €500 million investment into the European Union's IRIS² satellite constellation, highlighting Hungary's intention to re-evaluate 4iG's involvement in major state infrastructure projects.

Addressing the political transition and impending audit, 4iG stated that it continues to view the Hungarian state as a "partner."

Sources: 444, HVG, Telex.