4iG wins MÁV security contract

Tourism

Pixabay

Listed IT firm 4iG announced on the Budapest Stock Exchange on Monday that it has submitted a winning bid in an EU public procurement procedure for a framework agreement for installation, operation, maintenance and repair of the security systems of state-owned Hungarian railways MÁV.

For a price tag of HUF 900 million, the company will provide for the establishment of security technology, surveillance, intrusion detection and access control systems, as well as periodic and regular maintenance and error correction of existing systems for MÁV, state news wire MTI reported.

In order to support the establishment of a unified card entry system at MÁV, 4iG will also undertake the installation of card entry systems at specified entry points, and the configuration and integration of other systems into existing on-site, regional and central systems.     

If necessary, 4iG will perform installation of an independent network infrastructure and its connection to the MÁV intranet network without interfering with existing systems and security equipment.     

The duration of the framework agreement is 36 months, which can be extended by a further 12 months if the amount is not exhausted within the 36-month period.

Companies Spending Less on Advertising Figures

Companies Spending Less on Advertising

Gov't Calls on Fuel Companies to Adjust Prices to Regional A... Government

Gov't Calls on Fuel Companies to Adjust Prices to Regional A...

Spar Magyarország Revenue Climbs Close to 16% in 2023 Retail

Spar Magyarország Revenue Climbs Close to 16% in 2023

Spago Budapest Offering Unique Sunday Brunch Experience Food

Spago Budapest Offering Unique Sunday Brunch Experience

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.