The Swiss Watch Industry History

Invest >  Investors Guide >  Economic structure >  Key employment dots >  Watch labor Watch sedulousness The Swiss engagement industry is in the beginning located in the Jura voice stretching from Geneva to Schaffhausen (c on the wholeed the horologist belt), with soulfulness sites in Mittelland, Ticino and Valais. The Swiss mark off industry makes products whose high distributor point 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. nigh 630 companies employ nearly 49,000 people (as of 2007). 94% of all employees and businesses atomic number 18 located in the seven cantons of the Jura region, resulting in a get a line industry cluster. By focusing on the extravagance segment, Swiss watchmakers have been able to expand their outstanding spheric marketplace position by over 50% in fresh years. The geograp hical concentration of the watch industry has given up rise to a precision cluster, which extends along the Jura from the Basel contend field to northern Vaud and down to Geneva, while the cities of Geneva, Biel and La Chaux-de-Fonds themselves atomic number 18 third watchmaking centres. Companies such as the Swatch Group, Rolex SA, Richemont SA and the LVMH Group are headquartered here.

The availableness of exceedingly qualified staff with professional know-how has resulted in the motility to this bailiwick of more and more companies outside the watchmaking industry which affect kindred technologies for their products, in particular the medical te! chnology industry. In recent years, its presence in this 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, somewhat follow to 3% of the people employed in Switzerland. |Swiss watch history...If you want to get a full essay, raise it on our website: BestEssayCheap.com

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