Investor Relations
Extraordinary Announcement of 4iG Plc.
On conclusion of contract
4iG Plc. (“4iG”) hereby informs its esteemed investors as well as the participants of the financial and capital market that the Hungarian Export Credit Insurance Private Limited Company (Registered seat: 1065 Budapest, Nagymező u. 46-48. "MEHIB") has signed a contract for the implementation and support of a (core insurance systems) system called "MEHIB insurance CORE" in a negotiated exempted procurement procedure.
During the project, 4iG Plc. will deliver MEHIB's new business management system, perform the related integrations, and migrate the data from the existing system to the new system. After the implementation, it will provide vendor and integrator support for the system.
The value of the contract is EUR 2.960.270 + VAT, including the implementation and 2+2 years of system support.
Time of concluding the contract: 07.30.2021
Budapest, July 30th, 2021
4iG Plc.