Home / Knowledge / News / Fashion / Watch maker Swatch develops synergies in non-watchmaking sector

Watch maker Swatch develops synergies in non-watchmaking sector

Aug '05
Worldwide leading watchmaking/microelectronics company Swatch Group enhanced synergies in the non-watchmaking sector.

In order to fully exploit the synergies within The Swatch Group Ltd, it has become necessary to restructure some of the Group's electronics businesses. In view of this, Swatch Group SA has decided to reorganize the operations of Omega Electronics. This company, active in the non-watchmaking sector, is part of the Swatch Group's "Electronic systems" division.

The sports business will be merged with Swiss Timing's sports activities and all the employees will be transferred.

The RFID (Radio Frequency Identification) business will be merged with EM Microelectronic-Marin's activities. All the jobs affected will be transferred.

The P.I.S. (Passenger Information Systems) business will be taken over by the Swiss company PEL Passenger Electronics SA in Biel/ Bienne. All employees affected will be transferred to the new business.

PEL is a new Swiss company belonging to Mr. R. Kossatz, owner of the German company Fernmeldewerk München-Aubing GmbH (FW).

Swiss Timing, a company in the Swatch Group, is the world leader for timekeeping at Olympic, international and top-level national sporting events.

EM Microelectronic-Marin, a company in the Swatch Group, is a world-class specialist offering high-tech solutions for energy-saving circuits and low-power products.

Largest finished watches producer Swatch Group Ltd is in Biel (Switzerland) today the largest producer and distributor of finished watches in the world. In terms of sales (in Swiss francs) the Swatch Group represents some 25% of the watch production sales in the world.

In 2001 the Group produced some 114 million watches, movements and stepping motors, with yearly sales of 4182 million Swiss francs. The Swatch Group has 160 production centers situated mainly in Switzerland, but also in France, Germany, Italy, USA, Virgin Islands, Thailand, Malaysia and China - over 440 reporting units.

The Swatch Group Ltd

Must ReadView All

Pic: Anton_Ivanov / Shutterstock.com

Retail | On 27th Jan 2022

UK retail sales volumes fall at fastest rate in 11 months in Dec 2021

UK retail sales volumes fell by 3.7 per cent in December 2021, the...

Pic: Shutterstock

Textiles | On 27th Jan 2022

New train route links China’s Suzhou city to Milan in Italy

A new China-Europe freight train route has been started between...

Pic: Shutterstock

Apparel/Garments | On 27th Jan 2022

UN-WTO report underrates Bangladesh's RMG industry progress: BGMEA

The recent United Nations-World Trade Organisation joint report has...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry with brand ethos

Textile Industry, Head honchos

Textile Industry
Head honchos

Multi-functional garments will be next big thing

Textile Industry, Head honchos

Textile Industry
Head honchos

Instagram & fashion will go a long way together

Rajesh Vohra,

Rajesh Vohra

A part of the Italy based multinational company Artsana Group, Chicco is...

Seema Mishra,

Seema Mishra

Set up in January 2020 by <b>Seema Mishra</b>, the Kasrawad Art Cluster...

Richard Armitage,

Richard Armitage

Adaptive Control automates, controls and monitors machines, systems and...

Daniel Odermatt, Ventile

Daniel Odermatt

Ventile is a registered trademark used to brand a special high-quality...

Giulio Cesareo, Directa Plus

Giulio Cesareo
Directa Plus

UK-based Directa Plus is one of the largest producers and suppliers...

Pranesh Sridharan & Berndt Koll, Lenzing

Pranesh Sridharan & Berndt Koll

The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...

Gauri Verma, Label - The Jodi Life

Gauri Verma
Label - The Jodi Life

THE JODI LIFE is an Indian fashion label that creates ready-to-wear for...

Reynu Taandon, Label Reynu Taandon + Nikhita

Reynu Taandon
Label Reynu Taandon + Nikhita

Renowned womenswear designer <b>Reynu Taandon </b>has been serving the...

Bani Pasricha,  Label - Bani Pasricha

Bani Pasricha
Label - Bani Pasricha

An Indian fashion-designer and a recipient of one of the most prestigious...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments


Reiter India Private Limited
Calvin Klein
Gatsby Africa
J ;& P Coats
Under Armour Global Sourcing Ltd
Rosset ;& Cia Limited
Restoque S.A.
Gloria Jeans
Gokaldas Exports Limited
IDH – The Sustainable Trade Initiative
Alison Hayes Romania
Amazon China
Phong Phu international JSC (PPJ)
T.T. Limited
Varner AS Retail
Lenzing Aktiengesellschaft
NITI Aayog
Esprit Europe Services GmbH
Vianney Textil Hogar S.A. De C.V.
Brandix Lanka Limited
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Seasalt Limited
Chico’ FAS
Sateri (Jiujiang) Fiber Co.,Ltd
Benetton Group
Tommy Hilfiger
Page Industries Limited (Bangalore)
Landmark Group
International Textile Manufacturers Federation
The Top Form Brassiere Manufacturing Company Limited
Huntsman (Singapore) Pte Ltd
John Varvatos
Guess Europe Sagl,
Truetzschler India Private Limited
G-Star Raw C.V.
LC Waikiki
Hela Clothing Pvt Ltd
KAS Direct Sourcing
MAS Active / MAS Kreeda / MAS Bodyline
Aquarelle Clothing Limited
Lululemon Athletica Inc
Maceton Limited
Desigual - ABASIC, S.A.
OVS Hong Kong Sourcing Ltd.
Lacoste (Wanchai)
C;&A Sourcing International Ltd
Grasim Industries Limited
Recron Polyester from Reliance Industries Limited
Etam Group Strategy Hong Kong Limited
Sainsbury's Argos Asia Limited
Tchibo GmbH
Alix Partners
Groz-Beckert East Asia LLP
H;&M Hennes ;& Mauritz (Far East) Ltd
Midas Clothing Limited
Eastman Chemical Company
SHAHI Exports Pvt Ltd
Gap International Sourcing Limited
Sportmaster Ltd.
Aramark Uniform ;& Career Apparel, LLC
Sportswear Company Spa
Cat Tuong Real Estate Group Joint Stock Company
PVH Corporation
Vardhman Textile Ltd
Chori Company Limited
Green Fibre
Lisa S.P.A.
Helly Hansen Far East Ltd
Hirdaramani International Export Private Limited
Target Corporation (MN)
Tory Burch Hong Kong Ltd
Boardriders Asia Sourcing Limited
IKEA of Sweden AB
Bluestem Global Sourcing Limited
The LYCRA Company Singapore  Pte. Ltd

January 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

Advanced Search