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Sóstó Property Development Ltd

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Hungary and Location of the Park
Company and Park History
General Information
Industrial Facilities available
Development Sites available
Development Services available


Company and Park History

Company history

Original companies
Loranger Manufacturing
Loranger Ipari Kft.

Current companies
Sóstó Ingatlanfejlesztő Kft.
Transdanubia Zrt.
169 Vagyonkezelő Kft.
N-H Building Kft.
GLV Ipari Kft.
Loranger Sóstó Ipar I Park Kft.

Time Line
1950 - Family-owned business founded in Pennsylvania, USA by J. Albert Loranger initially to produce plastic molded products and components.
1980 - Founder died. George P. Loranger became Chief Executive Officer
1992 - Expanded to Hungary for the purpose of supplying automotive components for Ford Motor Co.
1993 - Branched into Real Estate Development through a Joint Venture with the Hungarian government to develop two former Soviet military bases into an Industrial Park.
1995 - Expanded into providing full service - Turn Key - assistance to foreign investors in establishing retail and manufacturing operations in Hungary, not only in Sóstó Ipari Park, but in other Industrial Parks around Hungary

Management
George P. Loranger, Owner - B.S. Chemical Engineering, Cornell University, Ithaca, NY, USA
Jeffrey P. Loranger, Owner
Géza Dely, Administrative Director



Operational Services:

Sóstó Property Development Ltd.

Sóstó u. 9
Székesfehérvár 8000
Hungary

News:

PORT-ÉP Kft. moves to the Sóstó Industrial Park
The company was established in Budapest in 2007. They deal with a wide range of activities: building monolithic iron-concrete structures, building roads, building utilities, landscaping, demolishing buildings. They execute the work with their own employees. The profit of the company is mostly invested into own development projects, as a consequence of this they bought the 10,000 square meters land in the park. A 700-square-meter-building is being built on the site now. The floor space might be duplicated in the following years. The seat of the company will be placed from Budapest to Székesfehérvár, and along with this process all the machines will be stored here and the office block will be established here. Sóstó Ipari Park welcomes PORT-ÉP Kft to our park as the 44th tenant. We are happy to serve the Hungarian community by providing a first class industrial park to conduct business in Hungary.