Hungary reviews state ties and major contracts with tech group 4iG
Hungary's government has launched a broad audit of its ties with tech giant 4iG while committing €500 million to the EU's IRIS² satellite initiative.
Hungary’s government has ordered a comprehensive audit into its financial, contractual, and ownership relations with technology conglomerate 4iG and its subsidiaries. Published in the official gazette, the decree also instructs public officials to refrain from making public statements regarding the firm.
The review coincides with a shift in national space and telecommunications strategy. Science and Technology Minister Zoltán Tanács announced a €500 million commitment to the European Union’s IRIS² satellite constellation, signaling that upcoming major state orders may bypass 4iG.
Responding to the review, 4iG stated that it continues to view the Hungarian state as a "partner."
Sources: 444, HVG, Telex.
Sources
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