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Sóstó Property Development Ltd


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

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


28 million HUF development at Linardics Ltd. in Sóstó Industrial Park
Linardics Ltd has built a new production hall and purchased machinery for 28 million HUF in Sóstó Industrial Park. The new 500 m2 production hall was built with 102 million HUF of down payment of the family business creating 5 new jobs with it. The automatic machinery for powder coating steel and aluminum workpieces was purchased for 178 million HUF with 50% tender support.