Swatch

Swatch

Swatch is a brand name for a line of non-luxury wrist watches introduced in 1983. Its parent company is now known as The Swatch Group, a Swiss conglomerate with vertical control of the production of Swiss watches and related products. This concept was realised in the early 1980s, under the leadership of the then ETA SA's CEO, Ernst Thomke with a small team of enthusiastic watch engineers led by Elmar Mock and Jacques Müller, who had had the idea to use the case back as a movement main plate , as it had been done to realise the thinnest watch in the world, the Delirium which made it to...
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quick facts
Founded:1983
Headquarters:Biel/Bienne, Switzerland

Headquarters of Swatch

Biel/Bienne
Biel/Bienne
Population:50,013

Biel/Bienne is a city in the district of the Biel/Bienne administrative district in the canton of Bern in Switzerland. It is located on the language boundary and is throughout bilingual. Biel is the German name for the town, Bienne its French counterpart. The town is often referred to in both...
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Parent company of Swatch

The Swatch Group Ltd.
The Swatch Group Ltd.
Headquarters:Biel/Bienne
Founded:1983

The Swatch Group Ltd. is a Swiss company and watch manufacturer. It was formed in 1983 through the merging of the two Swiss watch manufacturers ASUAG and SSIH, and took its present name in 1998 . The company is led by G. Nicolas Hayek, Jr., son of the late co-founder and chairman Nicolas Hayek. In 2007, gross sales were 5.94 billion CHF. The Swatch Group has around 23,600 employees. The Swatch Group formed from two financially troubled...
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Swatch
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