Hungary reviews state ties with 4iG amid satellite investment

The Hungarian government has launched a comprehensive audit into all contractual, financial, and ownership ties with technology and defense conglomerate 4iG Group. According to a decree published in the official gazette, public officials are under a strict communication ban regarding the ongoing review.

Despite the inquiry, Science and Technology Minister Zoltán Tanács confirmed Hungary will maintain its planned €500 million commitment to the European Union's IRIS² satellite infrastructure project. However, authorities are reassessing whether 4iG will continue to serve as the chief contractor for state space and telecommunications initiatives.

In response to the government decree, 4iG issued a statement describing itself as a "partner" to the state while public contracts undergo re-evaluation.

Sources: 444, HVG, Telex.