Interview with Nick Hayek, Jr., CEO of the SWATCH Group

Cory BerryWatch KnowledgeLeave a Comment

It should come as no surprise that we keep a keen ear to what Nick Hayek has to say.   He has acted as the CEO of the Swatch Group since 2003 when he took the reins from his father.  In my daily news scanning, when I came across a recorded interview with Mr. Swatch Jr. by Alexander Linz I was excited.   Linz and Hayek have a great rapport with each other and the interview is … Read More

ETA automatic workhorses, the 2824 and 2892

Jeff BernardWatch Comparisons, Watch History, Watch Knowledge20 Comments

ETA is the largest supplier of movements in Switzerland. Currently about 80% of Swiss watches have ETA movements. ETA is owned by the Swatch Group conglomerate. Eta was formed in 1983 with the merger of ASUAG and SSIH. Prior to that ETA was Ebauches SA which was an alliance of the top three players in Swiss mechanical movements: A. Schild SA (AS or ASSA), Fabrique d’Horlogerie de Fontainemelon (FHF) and A. Michel AG. Ebauches SA … Read More

Nicholas G. Hayek: “Mr. Swatch”

Cory BerryWatch HistoryLeave a Comment

Nicholas G. Hayek: “Master of Time”, Mr. Swatch, CEO of Breguet, co-founder and chairman of the Swatch Group, and “savior” of the Swiss watch industry. Hayek is a huge believer in the entrepreneur mentality and is close friends with risk and innovation. He takes the traditional Swiss industrial strengths of quality, precision and accuracy to heart. Hayek says “A good entrepreneur is like an artist who is always creating something new.” This attitude permeates the … Read More