Hungary reviews state ties with 4iG as government joins EU satellite project
Hungary's government orders a broad review of ties with tech conglomerate 4iG and pledges €500 million to the EU's IRIS² satellite project.
Hungary’s government has initiated a comprehensive review of state contracts, financial connections, and ownership ties with technology conglomerate 4iG and its subsidiaries, according to a decree in the official gazette. Alongside the broad audit, public officials have been instructed to refrain from making public statements regarding the firm.
The review coincides with Science and Technology Minister Zoltán Tanács announcing a €500 million commitment to the European Union’s IRIS² satellite constellation. The decision signals a potential realignment of major state space and telecommunications contracts previously expected to involve 4iG. Addressing the audit and political shift, 4iG stated that it continues to view the state as a "partner."
Sources: 444, HVG, Telex.
Sources
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