The Swiss Watch Industry History

Invest >  Investors Guide >  Economic structure >  Key industry compacts >  Watch labor Watch sedulousness The Swiss regard industry is in the beginning located in the Jura realm stretching from Geneva to Schaffhausen (c on the wholeed the horologist belt), with soul sites in Mittelland, Ticino and Valais. The Swiss make industry makes products whose high leg of technization makes possible a potently demarcated component part of labour. As a result, the sector generally comprises small and medium-sized businesses, averaging 60 employees per company. near 630 companies employ nearly 49,000 people (as of 2007). 94% of all employees and businesses are located in the seven cantons of the Jura region, resulting in a assimilate industry cluster. By focusing on the extravagance segment, Swiss watchmakers have been able to expand their outstanding spheric grocery store position by over 50% in young years. The geographical concentration of the watch indu stry has given up rise to a precision cluster, which extends along the Jura from the Basel performing field to northern Vaud and down to Geneva, while the cities of Geneva, Biel and La Chaux-de-Fonds themselves are third watchmaking centres. Companies such as the Swatch Group, Rolex SA, Richemont SA and the LVMH Group are headquartered here.

The handiness of exceedingly qualified staff with professional know-how has resulted in the move to this bailiwick of more and more companies outside the watchmaking industry which charter kindred technologies for their products, in particular the medical technology in dustry. In recent years, its presence in thi! s region has been expanding sharply. A cluster that is strongly geared to micro-mechanics and optics has also been formed in eastern Switzerland and the capital of Switzerland area. Today, the Swiss electrical engineering, precision mechanics and watch industry provides employment for almost 140,000 staff at 5,000 workshops, nearly follow to 3% of the people employed in Switzerland. |Swiss watch history...If you want to get a full essay, put together it on our website: BestEssayCheap.com

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