Moritz Grossmann is a

manufacturer Manufacturing is the creation or Production (economics), production of goods with the help of equipment, Work (human activity), labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary se ...

of luxury

wristwatches A watch is a timepiece carried or worn by a person. It is designed to maintain a consistent movement despite the motions caused by the person's activities. A wristwatch is worn around the wrist, attached by a watch strap or another type of ...

based in

Glashütte Glashütte [] is a town in Saxony, Germany, known as the birthplace of the German watchmaking industry and has a population of about 7,000. Historically, it was first mentioned in a document circa 1445. In January 2008, the former municipality Re ...

Germany Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ...

. Annual production is approximately 200 pieces.

History

During the

2008 financial crisis The 2008 financial crisis, also known as the global financial crisis (GFC), was a major worldwide financial crisis centered in the United States. The causes of the 2008 crisis included excessive speculation on housing values by both homeowners ...

, Christine Hutter (who had previously held positions at Wempe,

Maurice Lacroix Maurice Lacroix is a Swiss luxury watchmaker based in the Canton of Jura and headquartered in Zürich. History Maurice Lacroix was founded in Sainelegier in the highlands of Jura as part of Desco von Schulthess of Zürich in 1975. Founded in ...

Glashütte Original Glashütte Original is a German producer of luxury watches founded in 1994 by the privatization of VEB Glashütter Uhrenbetriebe (GUB), an East German conglomerate formed in 1951 from the watch companies based in Glashütte. Glashütte Original ...

, and A. Lange & Söhne) founded her own luxury watch brand, Moritz Grossmann, after acquiring the right to use the name of 19th century founder and director of the German School of

Watchmaking A watchmaker is an artisan who makes and repairs watches. Since a majority of watches are now factory-made, most modern watchmakers only repair watches. However, originally they were master craftsmen who built watches, including all their par ...

, Karl Moritz Grossmann. Initially the company operated from her personal residence in

Dresden Dresden (; ; Upper Saxon German, Upper Saxon: ''Dräsdn''; , ) is the capital city of the States of Germany, German state of Saxony and its second most populous city after Leipzig. It is the List of cities in Germany by population, 12th most p ...

, but shortly afterwards moved into a former hardware store in Glashütte. In 2010, having grown to 16 employees, the company released its first production model and acquired land to build a new factory. By 2013 the construction was complete.

Models

The Benu

Tourbillon In horology, a tourbillion () or tourbillon (; " whirlwind") is an addition to the mechanics of a watch escapement to increase accuracy. Conceived by the British watchmaker and inventor John Arnold, it was developed by his friend the Swiss-Fr ...

, designed by Jens Schneider, was the world's first watch to use a human hair as an integral part of its movement. Other models as of 2015 are the Benu, Benu Power Reserve, Atum, Tefnut and Tefnut Lady. All models take their names from

Ancient Egyptian deities Ancient Egyptian deities are the gods and goddesses worshipped in ancient Egypt. The beliefs and rituals surrounding these gods formed the core of ancient Egyptian religion, which emerged sometime in prehistory. Deities represented natural f ...

References

{{reflist German companies established in 2008 Manufacturing companies established in 2008 Watch brands Watch manufacturing companies of Germany Companies based in Saxony Glashütte

History

Models

See also

References