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Hungary to review 4iG state contracts from Orban era

First publishedAug 17, 15:28 UTC
Last updatedAug 17, 21:58 UTC · just now ago
11 outletInvesting.com · Stock Market
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Hungary to review 4iG state contracts from Orban era
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Investing.com -- Hungarian Prime Minister Peter Magyar announced Monday that his government will review contracts between the state and IT and telecoms company 4iG (BUD:4iG) that were signed during Viktor Orban’s previous government. Shares of 4iG fell more than 11% in late afternoon trading, heading toward their largest single-day decline since Magyar took office in April.

Reported by 1 outlet Investing.com · Stock Market. See all sources ↓

Investing.com -- Hungarian Prime Minister Peter Magyar announced Monday that his government will review contracts between the state and IT and telecoms company 4iG (BUD:4iG) that were signed during Viktor Orban’s previous government. Shares of 4iG fell more than 11% in late afternoon trading, heading toward their largest single-day decline since Magyar took office in April. "The government has ordered a review of all their contracts with the state," Magyar wrote on Facebook. He added that the company had acquired assets of strategic importance under Orban’s government.

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Investing.com -- Hungarian Prime Minister Peter Magyar announced Monday that his government will review contracts between the state and IT and telecoms company 4iG (BUD:4iG) that were signed during Viktor Orban’s previous government. Shares of 4iG fell more than 11% in late afternoon trading, heading toward their largest single-day decline since Magyar took office in April.
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1 outlet, average source rating 6.0/10.
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just now ago.
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    Hungary to review 4iG state contracts from Orban era

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