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Hungary PM says government to review all state contracts with company 4iG

Hungary PM says government to review all state contracts with company 4iG 

- Hungarian Prime Minister Peter Magyar said on Monday that his government will review contracts signed between the state and Hungarian IT and telecoms company 4iG IGNY.HU under the former government of Viktor Orban.

Companies seen as having ties to former premier Orban's circles have underperformed the wider Budapest stock index this year after he was ousted from power after 16 years.

Shares of 4iG were down over 6% on Monday. The company did not immediately respond to a request for comment.



(Reporting by Krisztina Than and Anita Komuves)

((krisztina.than@thomsonreuters.com;))

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