Hungary reviews state ties with tech firm 4iG amid EU satellite push

Hungary's Tisza administration has ordered a comprehensive audit into all financial, contractual, and ownership links between the state and technology conglomerate 4iG. A government decree published in the official gazette mandates a full review of the firm and its subsidiaries.

In tandem with the investigation, Science and Technology Minister Zoltán Tanács announced a €500 million commitment to the European Union's IRIS² satellite initiative. While Hungary advances its satellite capabilities, 4iG's position as a primary supplier remains under re-evaluation.

To manage public statements during the inquiry, the government placed a gag order on officials regarding 4iG. Following the shift, 4iG adopted a cautious tone, framing itself as a state "partner."

Sources: 444, HVG, Telex.