Hungary's Tisza government launches comprehensive audit into tech giant 4iG

Hungary's Tisza administration has ordered a comprehensive audit into all financial, ownership, and contractual ties between the state and technology group 4iG, according to a decree in the official gazette. Officials have also been barred from making public statements regarding the firm during the inquiry.

The review coincides with Science and Technology Minister Zoltán Tanács confirming a €500 million investment in the European Union’s IRIS² satellite project. While Hungary plans to build its space capacity, the government is reassessing whether 4iG will retain its major state contracts.

Led by Gellért Jászai, 4iG previously expanded into telecommunications and defense while securing diplomatic access. Following the political transition, the company responded cautiously to the probe, maintaining that it views its state connections as a "partner."

Sources: 444, HVG, Telex.