Hungary reviews state ties with tech group 4iG under Tisza government

Hungary's new Tisza administration is moving forward with a broad review of state contracts and financial links with technology and defense conglomerate 4iG. A resolution published in the official gazette mandates a comprehensive examination of ownership, financial, and contractual agreements between the government and the group.

While Science and Technology Minister Zoltán Tanács confirmed Hungary's plan to contribute €500 million to the European Union's IRIS² satellite initiative, 4iG's future role as lead contractor remains uncertain. Officials have been placed under a gag order regarding the audit. Meanwhile, 4iG expressed caution following the political transition, describing itself as a state "partner" during the assessment.

Sources: 444, HVG, Telex.