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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:

THE BICYCLE ROAD NETWORK HAS BEEN EXPANDED
The Municipality of Székesfehérvár won 200 million HUF in order to improve the bicycle road network along Japán utca - Amerikai fasor - Holland fasor. A 1880 m long walkway and bicycle road was made parallel to the main road no. 8. With the constructed bicycle road the access of Sóstó Industrial Park is ensured and a connection was made to the existing bicycle roads as well.