Swatch Group

The Swatch Group AG is the world's largest manufacturer of finished watches, headquartered in Biel/Bienne, Switzerland, and founded in 1983 through the merger of ASUAG and SSIH to revitalize the Swiss watchmaking industry amid the quartz crisis. It operates as a fully vertical company, producing nearly all components—including movements, cases, crystals, and hands—at approximately 150 sites in Switzerland, ensuring compliance with Swiss Made standards and supporting its 16 prestigious watch brands such as Omega, Longines, Tissot, Breguet, Blancpain, Rado, and the accessible Swatch line, alongside fine jewelry under Harry Winston. The group also manufactures watch movements and components for the broader Swiss industry, electronic systems, and operates a global network of distribution, mono-brand stores, and service centers. Employing around 31,000 to 32,000 people across 50 countries, The Swatch Group AG holds a significant market position, commanding about one quarter of the global watch market through diverse price ranges from affordable to luxury segments, while maintaining strong brand loyalty and innovation in timepieces and related technologies.