Hungary reviews 4iG state contracts while committing to EU satellite project

Hungary's Tisza administration has launched a comprehensive audit into all financial, contractual, and ownership ties between the state and technology conglomerate 4iG. A government decree published in the official gazette mandates a full investigation into the company and its subsidiaries.

Concurrently, Science and Technology Minister Zoltán Tanács announced a €500 million investment in the European Union's IRIS² satellite initiative. Although Hungary is advancing its satellite infrastructure, 4iG's position as a primary state supplier remains subject to re-evaluation. To streamline official communications during the audit, the government has issued a gag order restricting public officials from commenting on 4iG matters. Following the transition, 4iG adopted a cautious stance, framing itself as a state "partner."

Sources: 444, HVG, Telex.