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Glashütte Original is a German producer of luxury watches founded in 1994 by the privatization of VEB Glashütter Uhrenbetriebe (GUB), [1] an East German conglomerate formed in 1951 from the watch companies based in Glashütte. Glashütte Original uses its own movements, and has 10 proprietary movement innovations.
A Patek Philippe pocket watch. This list of most expensive watches sold at auction documents the watches sold at auction worldwide for at least 1.5 million US dollars.The final price listed is the total price paid by the buyer converted to US dollars, according to the currency exchange rate at the time of auction.
Mühle used in house refined Swiss movements for production of its watches. In 2005 it came into a legal dispute with a different manufacturer (Nomos Glashütte) about whether the movements go along with the so-called "Glashütte rule" (i.e., 50% of the adding value of the movement has to be realized in Glashütte). The dispute escalated and ...
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The company continued to produce watches under these names. [12] HW Holding Inc., owner of Harry Winston, Inc., an American jewellery and luxury watch company, was acquired on 26 March 2013 for 711 million Swiss francs. [13] Nayla Hayek became the CEO. The company bought the world's biggest flawless blue diamond, The Winston Blue, on 15 May ...
The Glashütte watch companies were nationalized in 1948. At the time, Lange was working on a new movement: Caliber 28, a wristwatch format of the caliber 48. It went into production in 1949 as the last movement developed by A. Lange & Söhne. Watches from this period were signed “Lange VEB” (Volkseigener Betrieb - publicly owned enterprise).
This is a list of watch manufacturers based in Germany. Note that manufacturers that are named after the founder are sorted by surname Entries with an article should also be suitable for inclusion in Category:Watch manufacturing companies of Germany. Entries which do not yet have an article may be removed if not justified for inclusion with a ...
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