The Swatch Group Ltd.

The Swatch Group Ltd.

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 predecessor companies: In the late 1970s SSIH became insolvent due in part to a recession and in part to heavy competition from inexpensive Asian made quartz...
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quick facts
Founded:1983
Headquarters:Biel/Bienne, Switzerland
Industries:Manufacturing, Fashion accessory

Headquarters of The Swatch Group Ltd.

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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Divisions of The Swatch Group Ltd.

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Frequently Asked Questions

  • Q:
    Which market sectors does The Swatch Group Ltd. operate?
  • A:
    The company operates in Manufacturing and Fashion accessory.
  • Q:
    When was The Swatch Group Ltd. founded?
  • A:
    The company was founded in 1983.
The Swatch Group Ltd.
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