Business 4 June 2025, 8:00am

4iG chairman Jászai holds high-level talks in Azerbaijan

Portfolio

Gellért Jászai, chairman of 4iG Group, held high-level talks in Azerbaijan focusing on strategic opportunities in digitalization, space and defense industries. During his two-day visit, he met with leading government and business representatives to promote technological and economic cooperation between the two countries.

The discussions centered on

digital infrastructure investments, submarine data cable projects, IT technology transfer, and space and defense industry collaborations.

Jászai held meetings with Rashad Nabiyev, Minister of Digital Development and Transport, and Mikayil Jabbarov, Minister of Economy.

A significant part of the visit included discussions with the Azercosmos space agency, where negotiations took place following a previously signed memorandum of understanding between 4iG Space and Defense Technologies Ltd. and the Azerbaijani state organization. The parties made progress in joint projects related to communication satellites, satellite manufacturing, and geodata technology.

During the visit, Jászai discussed space industry and digitalization cooperation opportunities with AZCON Holding, and potential joint investments in the technology and defense sector with representatives of PASHA Holding. In a separate meeting with NEQSOL HOLDING leadership, discussions focused on telecommunications, submarine cable connections, and digital infrastructure development possibilities.

Cover photo: Portfolio