Business 17 December 2019, 10:55am

4iG wins first contract of the week

Portfolio

Publicly traded IT group 4iG has been announced the winner of a HUF 670 million contract, the company said on the Budapest Stock Exchange website.

The National Tax and Customs Administration (NAV) awarded its "Procurement of Oracle ZFS Storage Unit and Extension of StorageTEK SL8500 Tape Library Safety Device" contract to 4iG in a reopened centralised tendering procedure.

The contract is worth HUF 670 mn plus VAT.

4iG's share price has nearly doubled this year but fell 7% on Monday, primarily due to technical reasons.

Tags:
public procurement,
bse,
it,
4ig

4iG wins first contract of the week

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