4iG signs EUR 54.25 million Montenegro deal: 4iG stock faces October 30 vote
Published on 10/20/2026 at 12:25 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSMontenegro contract and investor dates
- 4iG signed a EUR 54.25 million Montenegro services contract on October 20, 2026.
- First-half 2026 net sales reached HUF 409.365 billion, up 16.69 percent year over year.
- 4iG stock was at HUF 1,602 at 12:09 p.m. CEST on October 20, 2026.
- The extraordinary general meeting is scheduled for October 30, 2026.
4iG (HU0000167788) signed a EUR 54.25 million services contract with Montenegro's Ministry of Public Works on October 20, 2026, according to Portfolio. The program covers digital and technology upgrades for law-enforcement and border-control infrastructure.
Three milestones shape the story
On March 25, 2026, 4iG disclosed earlier Montenegro projects later tied to the EUR 54.25 million program, as Portfolio reported. On October 1, 2026, the company said Moody's assigned Ba1 with a positive outlook to its telecommunications holding, one notch below investment grade, in an official 4iG release. The October 20 contract is the latest milestone and adds a defined service value to the regional expansion narrative.
What does the contract add to growth?
The first-half numbers show both scale and pressure. The Budapest Stock Exchange reports HUF 409.365 billion in net sales for January through June 2026, versus HUF 350.827 billion in the same period of 2025, an increase of 16.69 percent. Operating profit declined to HUF 23.480 billion from HUF 28.227 billion, a decrease of 16.82 percent. The Montenegro agreement therefore brings a sizeable contract value, while profitability remains the sharper operating question.
Two dates now matter
Shareholders must complete registration by 3:00 p.m. on October 22, 2026, and the extraordinary general meeting is scheduled for 10:00 a.m. on October 30, 2026, according to 4iG. The agenda includes votes on supervisory-board members, executive officers, remuneration and board procedures.
Budapest trading keeps the focus on execution
4iG stock was trading at HUF 1,602 on the Budapest Stock Exchange on October 20, 2026, at 12:09 p.m. CEST. Its market capitalization was HUF 464.1 billion, while the 52-week range was HUF 1,430.00 to HUF 4,965.00. The contract, the rating and the October meeting now give investors three separate measures of progress: signed business, financing access and governance execution.
4iG stock facts
- Company: 4iG Public Limited Company
- ISIN: HU0000167788
- Ticker: 4IG
- Primary exchange: Budapest Stock Exchange
- Market capitalization: HUF 464.1 billion (as of October 20, 2026)
- 52-week range: HUF 1,430.00-HUF 4,965.00 (as of October 20, 2026)
- Sector / Industry: Software and IT Services
Market context: Market report BUX.
