Defence-industry, technology and future investment partnerships are taking economic relations to anew level between Turkey and Hungary.▪ In the presence of Viktor Orbán, Prime Minister of Hungary and Recep Tayyip Erdoğan,President of Türkiye, Turkish Presidency of Defence Industries (SSB) and Hungarian Ministryfor National Economy (NGM) representatives signed a comprehensive defence-industryframework agreement at the meeting of the High-Level Strategic Cooperation Council, a keydiplomatic and economic forum between the two countries.▪ As member of the Hungarian delegation, Gellért Jászai, Chairman of 4iG Group (andAmbassador Extraordinary and Plenipotentiary responsible for the development ofinternational business relations,) also participated in the meeting and the negotiations.▪ In connection with the intergovernmental agreement, 4iG Space and Defence TechnologiesZrt. (4iG SDT) signed two agreements with leading Turkish companies includingo Nurol Makina, on the exclusive distribution of Gidran 4×4 tactical armoured vehiclesin Hungary;o and ASELSAN ELEKTRONİK (Aselsan), on preparations for a future joint venture inHungary to develop and manufacture remote-controlled weapon systems, counter-drone technologies and air-defence solutions.▪ 4iG Plc. also signed a preliminary agreement with TWF International Investments, theinternational investment subsidiary of the Türkiye Wealth Fund. The parties will explorepotential joint investment opportunities in several areas, including technology,telecommunications, digital infrastructure development, the space industry and energy.▪ The partnerships announced today aim to strengthen long-term Hungarian-Turkish economicand defence-industry cooperation, support the development and production of NATO-compatible technologies in Hungary, and further advance 4iG Group’s internationalcollaborations across key strategic sectors.The Turkish Presidency of Defence Industries (SSB) and the Hungarian Ministry for National Economy(NGM) signed a comprehensive defence-industry framework agreement at the Istanbul meeting of theHigh-Level Strategic Cooperation Council, held as part of the Hungarian–Turkish prime ministerialsummit on 8 December 2025. The agreement sets new directions for professional and technologicalcooperation between the two countries.Following the meeting, 4iG Group announced on the website of the Budapest Stock Exchange thesigning of three strategic agreements with leading Turkish defence and investment companies. These
2partnerships represent a big move in deepening Hungarian-Turkish economic relations and openopportunities for joint development initiatives and industrial cooperation.“Türkiye is a strategic partner for the Hungarian defence industry. The agreements we signed todaystrengthen the technological and economic cooperation between our countries, and support the jointefforts to enhance competitiveness in the market for NATO-compatible technologies, both in Hungaryand in the region. These partnerships attract high value-added developments and manufacturingcapacities to Hungary, creating significant value for our Group and for the Hungarian economy as well,”said Gellért Jászai, Chairman of 4iG Group, commenting on the agreements announced today.Exclusive Automotive Defence Partnership with Nurol MakinaUnder the strategic agreement concluded with Nurol Makina, 4iG SDT acquires exclusive distributionrights in Hungary for the sale of Gidran armoured tactical vehicles until 2030. The Gidran — theHungarian variant of the Ejder Yalçın vehicle family manufactured by Nurol Makina — is NATO-compatible, state-of-the-art armoured combat platform already commissioned by the HungarianDefence Forces.The agreement between 4iG SDT and Nurol Makina complements the existing industrial andmanufacturing cooperation between Rába and Nurol Makina. Following the completion of theacquisition of RÁBA Automotive Holding, the full value chain of the Hungarian Gidran programme —from manufacturing to sales to maintenance — will be integrated and implemented within a singlecorporate group in a coordinated manner.Nurol Makina, a developer and manufacturer of 4×4 armoured tactical vehicles, is one of leadingdefence-industry companies in Turkey. Its vehicles, used by armed forces of more than twentycountries, are designed for diverse environmental and terrain conditions and offer mobility, armourprotection and customisable mission configurations for military and law-enforcement applicationsworldwide.Partnership with AselsanThe preliminary agreement signed by Aselsan and 4iG SDT lays the foundations for establishing a jointventure in Hungary to implement future projects. Through the planned company, the partners aim tocreate a centre in Hungary for development, production and sale of defence communication systems— including remote-controlled weapon stations (RCWS), counter-drone and air-defence solutions, aswell as related support services. The cooperation may also create opportunities for additional jointdefence-industry business projects in the future.Aselsan is the biggest defence-technology company in Turkey with several decades of experience indevelopment and production of electronic warfare and communication systems, air-defence andcounter-drone solutions, as well as radar and intelligence systems. With its advanced technologies,Aselsan is presented in numerous NATO and international markets, and its products cover a wide rangeof defence, security and industrial applications.
3“Through the agreements signed today, we establish technological and industrial partnerships that willexpand capacities and deliver measurable capability enhancements for Hungary’s defence industry. Ourprogrammes with Nurol Makina and Aselsan not only ensure access to modern systems and equipment,but also support the creation of a development and manufacturing environment capable of sustaininga regionally competitive ecosystem over the long term. I am confident that these collaborationsprovides a solid foundation for the advancement of Hungarian defence-technology sector and thestrengthens its regional role,” said Dr. István Sárhegyi, CEO of 4iG SDT.Strategic Cooperation with TWF International InvestmentsThe cooperation between 4iG Group and TWF International Investments aims a strategic partnershipspanning several sectors. The agreement covers areas such as technology, telecommunications, digitalinfrastructure, information technology, the space industry and energy. The partners intend to exploremutual investment opportunities and prepare joint projects that can strengthen strategic sectors of theHungarian and Turkish economies in the future.TWF International Investments is the international investment subsidiary of the Türkiye Wealth Fund.With a global focus, the company primarily engages in large-scale, long-term investments andcollaborations that support sustainable value creation.The agreements concluded with Türkiye’s leading companies align closely with 4iG Group’s long-termgrowth strategy and contribute to strengthening Hungary’s defence and technology industries,expanding the national innovation ecosystem, and ensuring that 4iG Group and its subsidiaries appearas key players in regional markets.– END –4iG Group4iG Nyrt. is a majority Hungarian-owned, Budapest-based corporate group, and one of the leading telecommunications, IT,space and defence industry players in Hungary and the Western Balkans. The company, listed on the Budapest StockExchange, plays a significant role in the digital economy supported by its fresh and innovative approach and strong positionin IT system integration. Through its dynamic expansion strategy, 4iG has by now achieved a dominant market position inthe telecommunications sector in Hungary and the Western Balkans as well. The Group continues to expand its services,expertise and portfolio in line with evolving market needs, and today employs more than 11,000 people. www.4iG.hu4iG Space and Defence Technologies Zrt.4iG SDT is a Hungarian company operating as a member of the 4iG Group, specialising in the research and development,system integration and international market utilisation of defence and space industry technologies. The company’sobjective is to contribute, through its innovative solutions, to the development of NATO-compatible defence capabilities,and to create a bridge between the Hungarian technology sector and the global defence industry. 4iG SDT is a key player inthe Hungarian defence innovation ecosystem and is also actively involved in preparing the civil application of dual-usetechnologies. www.4iGSDT.huTWF International InvestmentsTWF International Investments is the international investment subsidiary of the Türkiye Wealth Fund, established with thepurpose of identifying and implementing global strategic partnerships and investment opportunities. Its portfolio extendsacross several strategic sectors, including technology, digital infrastructure, energy and logistics. www.tvf.com.tr
4Nurol Makina Sanayi A.Ş.Founded in 1976, Nurol Makina is one of Turkey’s leading manufacturers of armoured combat vehicles.It is known for its innovative solutions, particularly in the development and production of 4×4 tactical military vehicles —such as the Ejder Yalçın, which has been commissioned in Hungary under the name Gidrán.The company is a significant player in the international defence vehicle market. www.nurolmakina.com.tr/trASELSAN A.Ş.Founded in 1975, Aselsan is Turkey’s leading defence electronics company, offering high-technology solutions in the fieldsof military communications, radar, electro-optical and weapon systems. Its headquarters are located in Ankara; thecompany has a significant global presence and a broad product portfolio. www.aselsan.comFurther information:Péter ELKÁN4iG Group Director of Corporate Relations and Co*****************@*ig.hu
4iG GROUP SIGNED STRATEGIC AGREEMENT WITH LEADINGTURKISH INDUSTRY PLAYERS
