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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


Himile Europe Ltd. in Sóstó Industrial Park
The Chinese Himile Group has just launched a new vulcanizing-forms manufacturing plant in Sóstó Industrial Park from 1,4 billion HUF, now the closed first step of the investment will be followed by further developments. In Himile plans there are developments of billions of HUF for the coming years. The plant is on 3100 square meter now but it can be expanded to 6000 m2 and the current 50 employees will be 200 in the next 3-5 years due to the constant recruitment and training.