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Gidrán armored combat vehicle
The 4iG Group has signed strategic agreements with leading Turkish defense and investment companies, thereby strengthening economic and defense cooperation between the two countries. The aim of the agreements is to develop and manufacture NATO-compatible technologies domestically and to expand 4iG’s international presence.
According to the statement, at the high-level strategic cooperation forum between the two countries, the meeting of the High-Level Strategic Cooperation Council in Istanbul, a comprehensive framework agreement on the defense industry was concluded between the Presidency of Defense Industries of Türkiye (SSB) and the Hungarian Ministry for National Economy, which opens up new avenues for technical and technological cooperation between the two countries.
In connection with the intergovernmental agreement, 4iG SDT (Space and Defense Technology) has signed two new strategic agreements with leading Turkish companies:
- with Nurol Makina for the exclusive distribution of Gidrán brand tactical 4×4 armored vehicles in Hungary, and
- with Aselsan Elektronik (Aselsan) for the establishment of a joint venture that will develop and manufacture remote-controlled weapon systems in Hungary in the future.
In addition, 4iG Nyrt. (telecommunications) has signed a preliminary agreement with TWF International Investments, the international investment subsidiary of the Turkish sovereign wealth fund.
It was emphasized that the aim of the partnerships is to strengthen Hungarian-Turkish cooperation in the fields of economy and defense industry in the long term, to support domestic production and development of NATO-compatible technologies, and to promote the international cooperation of the 4iG Group in key strategic sectors.
The cooperation brings high-quality developments and production capacities to Hungary, which represents significant added value for both the group of companies and the Hungarian economy,”
Gellért Jászai, Chairman of the 4iG Group, is quoted as saying in the announcement.
They pointed out that, as part of the strategic agreement with Nurol Makina—one of Türkiye’s leading defense companies that develops and manufactures tactical 4×4 armored vehicles—4iG SDT will acquire exclusive distribution rights for the sale of Gidrán tactical 4×4 armored vehicles on the Hungarian market until 2030.
The Gidrán is a NATO-compatible, modern combat vehicle platform that is also used by the Hungarian Army.
The agreement between 4iG SDT and Nurol Makina complements the existing industrial and production cooperation between Rába and Nurol Makina, which, following the completion of the acquisition of RÁBA Járműipari Holding, will enable the entire domestic value chain of the Gidrán program – from production and sales to maintenance – can be implemented in a coordinated manner within a single group of companies.
They also mentioned that the preliminary agreement signed by Aselsan – Türkiye’s largest defense technology company – and 4iG SDT provides for the establishment of a joint venture in Hungary to implement joint projects.
With the establishment of the joint venture, the partners aim to create a new center in Hungary for the development, manufacture, and distribution of defense communication systems—remote-controlled weapon stations, drone defense and air defense solutions, and related services.
It was announced that the cooperation between the 4iG Group and TWF International Investments aims to prepare a strategic partnership between the parties in several industries. The agreement covers areas such as technology, telecommunications, digital infrastructure, information technology, the aerospace industry, and the energy sector. The partners’ goal is to prepare mutual investments and joint projects that can strengthen the strategic sectors of the Hungarian and Turkish economies in the future.
4iG Nyrt. is a majority Hungarian-owned group of companies that is one of the leading players in the telecommunications, information technology, aerospace, and defense industries in Hungary and the Western Balkans. The 4iG Group employs more than 8,000 people.
Via MTI; Featured photo: honvédelem.hu
The post 4iG Group Strengthens Defense and Economic Cooperation with Türkiye appeared first on Hungary Today.
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