Veritas AG
| Veritas AG
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|---|---|
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| legal form | Corporation |
| founding | 1849 as "Berliner Gummiwaarenfabrik" |
| Seat | Gelnhausen , Germany |
| management |
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| Number of employees | 4500 (2018) |
| sales | 537.6 million euros (2018) in the AG, 571 million euros (2018) in the group |
| Branch | Automotive supplier |
| Website | www.veritas-ag.de |
The Veritas AG is an internationally active company supplying the automotive industry with headquarters in Gelnhausen in Main-Kinzig-Kreis in Hesse . The family company currently employs around 4,500 people at 15 locations worldwide. In 2018 Veritas AG generated sales of around 538 million euros.
On April 30, 2020, the company filed for bankruptcy after a comprehensive restructuring program was announced in January 2019 .
history
Founding and development until the end of the Second World War
Veritas was founded in Berlin in 1849 as the "Berliner Gummiwaarenfabrik" and is today the oldest rubber processing company in Germany. In 1883 the company changed its name to a stock corporation and was called "Berliner Gummiwaarenfabrik AG".
In 1886 the "Berliner Gummiwarenfabrik AG" merged with the "Frankfurter Gummiwarenfabrik Wendt, Buchholz & Co.", which was based in Gelnhausen. The headquarters of the "United Berlin-Frankfurter Gummiwaaren-Fabriken AG" was Berlin. A branch was built in Gelnhausen on Barbarossastrasse, most of which was destroyed by a fire in 1899.
In 1900 the company launched automobile tires under the brand name "Veritas". In particular, the spikes tires was in 1905 the first equipped with metal pins tire a world first from the factory in large light field, then still suburb of Berlin in the Stone Street on Teltower lake. In 1914 the company had two factories in Berlin, one in Gelnhausen, one in Dresden and one in Grottau, which was then Bohemian (today Hrádek nad Nisou).
The company renamed Veritas Gummiwerke AG in Berlin and Gelnhausen in 1929.
In 1933, in cooperation with the test laboratory of IG-Farben (Leverkusen), the production of synthetic rubber “ Buna ” was successfully introduced in the Berlin plant . The first innovation with the new material was a brake hose for the Deutsche Reichsbahn .
The plant in Grottau was sold during the National Socialist era.
During the Second World War, the management of the company was moved from Berlin-Lichterfelde in 1943 to Gelnhausen. This also saved the company archive, because only a little later the plant in Berlin-Lichterfelde was significantly destroyed by air raids. The production facilities in Gelnhausen, however, survived the war almost unscathed.
Post-war period until the mid-1990s
Two years after the end of the war, the company's headquarters were also officially relocated from Berlin to the Gelnhausen plant. In 1955 there were 700 employees at Veritas Gummiwerke in Berlin and Gelnhausen. In 1957 the company merged with Poppe GmbH to form the "Poppe Veritas Group".
In 1978 Veritas began building new production facilities in Gelnhausen on a newly acquired site on Stettiner Strasse. Production in Berlin was gradually relocated to Gelnhausen, and in 1982 the Berlin-Lichterfelde plant was closed after 133 years. In 1983, a new mixing plant started production at the Gelnhausen site. All mixtures for the entire Veritas Group and the companies of the Poppe subgroup have been produced here since 2008 .
In 1986 Ullrich Gummiwerke AG was taken over.
In 1990, with the support of Veritas, the first national technical college for rubber and plastics technology in Gelnhausen was set up in Gelnhausen.
After 117 years, the old company premises on Barbarossastraße were cleared in 1993. In the same year a plastics factory in Rülzheim was bought.
Further expansion at home and abroad
In 1995 “Veritas Dunakiliti Kft.” Was founded in Hungary. In 1998 "Veritas Thüringen GmbH" was founded in Benshausen near Suhl .
In 1999 the company changed its name from "Veritas Gummiwerke AG" to "Veritas AG". It manufactures rubber items, plastic and metal components for the global automotive industry.
In 1999, Veritas founded the “Automotive Veritas de México SA d. CV ". In 2005, the metalworking company “PS Fertigungstechnik GmbH” in Mieders, Austria, was taken over, and in 2008, “Veritas Otomotiv”, another location for spray technology, was founded near Istanbul . In 2010 Veritas took over “OGW - Ostsächsische Gummiwerke Polenz GmbH” in Neustadt in Saxony . This has been operating under the name Veritas Sachsen GmbH since 2012. In 2013 "Veritas Automotive doo" was founded in Bosnia and Herzegovina .
Locations and products
Veritas AG is represented with 15 locations worldwide. Products are manufactured in the following areas:
- "Fuel" (filling systems, low-pressure fuel lines, filter housings, leakage oil lines, compressed natural gas CNG, liquefied petroleum gas LPG, fuel cells)
- "Emission" (control lines, particle filter, SCR filler neck (selective catalytic reduction process), selective catalytic reduction process, SCR tanks)
- "Engine air" (exhaust gas recirculation, charge-air-air cooling, charge-air-water cooling, air intake duct)
- "Cooling" (water cooling turbo charger, cooling gear oil plastic, cooling gear oil metal, electro vehicle, oil cooling turbo charger)
- "Aerodynamics" (air flow, cowl)
- "Special Performance Polymers" (covers & housings, toothed belt pulley, lightweight construction)
- "Sealing / damping" (water drainage hose, seals, bonnet seals, buffers, brackets, coupling elements & spacers).
Web links
Individual evidence
- ↑ Supplier Veritas files for bankruptcy - 2,200 employees affected . Handelsblatt, April 30, 2020.
- ↑ https://www.automobil-produktion.de/zulieferer/veritas-fokussierung-auf-neue-innovations-und-wachstumsfelder-125.html , accessed April 30, 2020