In 1998, SMH (Swiss Corporation for Microelectronics and Watchmaking Industries Ltd.), founded by Nicolas G. Hayek was Chairman and Delegate of the Board of Directors of The Swatch Group Ltd from 1986 to 2010. Hayek have been widely recognized in Switzerland and beyond, resulting in a number of notable awards, including that of Doctor honoris causa, awarded by the Universities of Neuchâtel and Bologna in 1998. In 2003, he was named Officier de la Légion d’Honneur de France. His innovative strategies also served as important models for the Swiss watchmaking industry as a whole and played a key role in the revival of the industry. His decisive leadership was critical to the launch of the Swatch watch in 1983 and subsequently drove the continuous development and improvement of all Swatch Group brands.
Hayek led the firm’s recovery from a severe crisis. Hayek (1928-2010), the Swatch Group achieved worldwide renown as the crown jewel of the watchmaking industry.
“ “Swatch Group History The Swatch Group yesterday The Swatch Group was founded by Nicolas George Hayek in 1983 and is headquartered in Biel, Switzerland. The Electronic Systems segment designs, manufactures, and distributes electronic components and specializes in sports event timing. The Production segment involves in the manufacture of watches, watch movements, and jewelry. The Watches and Jewelry segment includes the sale of finished watches and jewelry. The company operates through three segments: Watches and Jewelry, Production, and Electronic Systems. The Swatch Group AG is engaged in the manufacture and sale of finished watches, jewelry, watch movements and components. 0 Views Swatch Group AG history, profile and history video
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