Hungary reviews state deals with 4iG amid satellite project expansion

Hungary's Tisza administration has ordered a comprehensive audit into all financial, contractual, and ownership connections between the state and technology conglomerate 4iG. Published in the official gazette, the directive mandates a full investigation covering the firm and its subsidiaries.

Alongside the audit, Science and Technology Minister Zoltán Tanács confirmed a €500 million commitment to the European Union's IRIS² satellite initiative. While Hungary intends to participate in the space network, 4iG's standing as a primary contractor remains under evaluation.

To control official messaging during the investigation, the government has imposed a communication ban prohibiting state officials from making statements about 4iG. Responding to the political transition, the company maintained a cautious stance while characterizing itself as a state "partner."

Sources: 444, HVG, Telex.