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Allgemeine Schweizerische Uhrenindustrie AG
Allgemeine Schweizerische Uhrenindustrie AG (ASUAG; French: ''Société Générale de l'Horlogerie Suisse SA'') was the former biggest Swiss Watch Industry Group that had been created with the assistance of the Swiss Government and the Swiss Banks, as an answer to the crisis caused by the Great Depression, in 1931. In 1983, ASUAG and SSIH were forced by the Swiss Banks to merge into Société de Microélectronique et d'Horlogerie (SMH), which now has been renamed Swatch Group. ASUAG grouped most of the movement parts & Ebauches manufacturers on one side, and through its sub-holding General Watch Co (GWC); many watch brands on the other side. Most of those companies are still active, integrated into the new conglomerate. During the years of crisis, from 1978 until 1991, Dr. Ernst Thomke was at the helm of the restructuring, first as CEO of ETA SA, then Ebauches SA, including a mandate as Administrator of ASUAG, and became SMH's first CEO in 1983, a position that he held until 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
French Language
French ( or ) is a Romance languages, Romance language of the Indo-European languages, Indo-European family. Like all other Romance languages, it descended from the Vulgar Latin of the Roman Empire. French evolved from Northern Old Gallo-Romance, a descendant of the Latin spoken in Northern Gaul. Its closest relatives are the other langues d'oïl—languages historically spoken in northern France and in southern Belgium, which French (Francien language, Francien) largely supplanted. It was also substratum (linguistics), influenced by native Celtic languages of Northern Roman Gaul and by the Germanic languages, Germanic Frankish language of the post-Roman Franks, Frankish invaders. As a result of French and Belgian colonialism from the 16th century onward, it was introduced to new territories in the Americas, Africa, and Asia, and numerous French-based creole languages, most notably Haitian Creole, were established. A French-speaking person or nation may be referred to as Fra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Société De Microélectronique Et D'Horlogerie
Société de Microélectronique et d'Horlogerie was the name of the holding company created by the merger enforced by the Swiss Banks in 1983 of the SSIH and ASUAG, renamed The Swatch Group in 1998. Ernst Thomke, previously CEO of Ebauches SA and ETA SA, was appointed to head the newly established conglomerate as its first CEO. He held his position until 1991. When he resigned, the newly elected President of the Board, Nicolas G. Hayek, had already managed to become the only person of reference. References {{DEFAULTSORT:Societe de Microelectronique et d'Horlogerie Defunct watchmaking companies Companies established in 1983 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Swatch Group
The Swatch Group Ltd is a Swiss manufacturer of watches and jewellery. The company was founded in 1983 through the merger of ASUAG and SSIH, moving to manufacturing quartz-crystal watches to resolve the quartz crisis threatening the traditional Swiss watchmaking industry. The Swatch Group is the largest watch company in the world and employs about 31,000 people in 50 countries. The group owns the Swatch product line and other luxury brands, including Blancpain, Breguet, Certina, ETA, Glashütte Original, Hamilton, Harry Winston, Longines, Mido, Omega, Rado, and Tissot. History SSIH SSIH (Société Suisse pour l'Industrie Horlogère), originated in 1930 with the merger of the Omega and Tissot companies. Swiss watch quality was high, but new technology, such as the Hamilton Electric watch introduced in 1957 and the Bulova Accutron tuning fork watch in 1961, presaged increasing technological competition. In the late 1970s, SSIH became insolvent due in part to a reces ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Watch Co
General Watch Co. (GWC) was the watch companies holding of ASUAG. History ASUAG had been founded in 1931, with the assistance of the Swiss government and the Swiss banks, to combat the severe economic crisis and ensuing unemployment by means of refinancing (thus eliminate the deadly "dumping for survival" murderous competition within the still somewhat "cottage industry"-like status of a majority of the movements and parts thereof supplying companies) and complementary research and development programs in their respective companies. Its mandate was to maintain, improve and develop the Swiss watch industry. ASUAG also expanded gradually through the purchase of ebauches manufactures (movement blanks), movement parts manufactures (e.g. balance wheels, assortments, rubies) and a number of assemblers and manufacturers of complete watches, that were subsequently brought together under the subsidiary “GWC General Watch Co. Ltd.” (This company was formed in 1971 and should not b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ernst Thomke
Ernst Thomke (born 21 April 1939) is a Swiss physicist and watchmaker. Training first as a mechanic, he later acquired the Swiss federal maturity degree and pursued academic studies whilst in employment. Early life and education Thomke was born in Biel/Bienne in the canton of Bern, on the Franco-German linguistic border. He completed an apprenticeship as a mechanic at the factory of ETA SA in Grenchen, canton of Solothurn. Between 1961 and 1967, he studied natural sciences, mainly chemistry at the University of Bern and University of Lausanne. He then pursued medical studies in Bern while working full-time. He was promoted to doctor in 1975. He completed his education with management studies and marketing at the INSEAD, Fontainebleau. He worked in research from 1970 to 1977 for the British pharmaceutical group Beecham Group, Beecham, mainly at their Swiss laboratories, but also at the pharmacological institute of Gothenburg, Sweden. He was appointed head of marketing and region ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ETA SA
ETA SA Manufacture Horlogère Suisse (ETA SA Swiss Watch Manufacturer) designs and manufactures quartz watches and both hand-wound and automatic-winding mechanical and movements. Commonly referred to as ETA, the company is headquartered in Grenchen, Switzerland, and is a wholly owned subsidiary of The Swatch Group. Though ETA was founded by Eterna in 1856 some part of its production line can be traced back to the 1793 founding of Fabriques d’Horlogerie de Fontainemelon (FHF) by David Benguerel, Isaac Benguerel, François Humbert-Droz and Julien Humbert-Droz. Through a series of mergers, ETA has become the largest manufacturer of Swiss watch movements and controls a virtual monopoly over their production and supply. ETA has undergone several Swiss government investigations due to its market position. To resolve the concerns of Swiss government regulators, ETA has entered into an agreement that governs certain business practices. Description ETA designs and manufactures mecha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nicolas G
Nicolas or Nicolás may refer to: People Given name * Nicolas (given name) Mononym * Nicolas (footballer, born 1999), Brazilian footballer * Nicolas (footballer, born 2000), Brazilian footballer Surname Nicolas * Dafydd Nicolas (c.1705–1774), Welsh poet * Jean Nicolas (1913–1978), French international football player * Nicholas Harris Nicolas (1799–1848), English antiquary * Paul Nicolas (1899–1959), French international football player * Robert Nicolas (1595–1667), English politician Nicolás * Adolfo Nicolás (1936–2020), Superior General of the Society of Jesus * Eduardo Nicolás (born 1972), Spanish former professional tennis player Other uses * Nicolas (wine retailer), a French chain of wine retailers * ''Le Petit Nicolas'', a series of children's books by René Goscinny See also * San Nicolás (other) * Nicholas (other) * Nicola (other) * Nikola Nikola () is a given name which, like Nicholas, is a version of the Greek '' Nikolaos ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Watch Manufacturing Companies Of Switzerland
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 bracelet, including metal bands or leather straps. A pocket watch is carried in a pocket, often attached to a chain. A stopwatch is a type of watch that measures intervals of time. During most of their history, beginning in the 16th century, watches were mechanical devices, driven by clockwork, powered by winding a mainspring, and keeping time with an oscillating balance wheel. These are known as ''mechanical watches''. In the 1960s the electronic ''quartz watch'' was invented, powered by a battery and keeping time with a vibrating quartz crystal. By the 1980s it had taken over most of the watch market, in what became known as the quartz revolution (or the quartz crisis in Switzerland, whose renowned watch industry it decimated). In th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Companies Established In 1931
Holding may refer to: Film and television * ''The Holding'' (film), 2011 British film * "Holding", an episode of the American animated television series ''Beavis and Butt-Head'' * ''Holding'' (TV series), a 2022 TV series based on the book by Graham Norton * '' The Miroslav Holding Co.'', 2001 Croatian film, also released as ''Holding'' Other uses * Holding an object with the hands, or grasping * ''Holding'', a novel by Graham Norton * Holding (aeronautics), a manoeuvre in aviation * Holding (American football), a common penalty in American football * Holding (law), the central determination in a judicial opinion * Holding (surname) * Holding company, a company that owns stock in other companies See also * * * Smallholding * Hold (other) * The Holding (other) * "Holdin'," a song by Diamond Rio * Hoarding * Possession (law) In law, possession is the exercise of dominion by a person over property to the exclusion of others. To possess something, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
