 Strong recessions of the automotive industry through 1992-93 also led Veritas to considerable decline in revenue and new businesses.After 117 years; in 1993 and according to a plan, the old premises located in the Barbarossa street, were emptied

In its systems portfolio, an important milestone came about with the purchase of a rubber facility in Rülzheim.With the establishment in 1995 of the Veritas Dunakility Kft in Hungary, Veritas took the first step to become a Global Player within the automotive industry.