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Maktime: Brand Information
The company Maktime Watch Factory Ltd. was founded in 1996. According to company information, today they are one of the top three watchmakers in Russia. Maktime estimates that their watches are sold in more than 7000 stores throughout Russia. Maktime watch models sold on the internet include Maktime (Maktaym), MWG, and Solo. Most internet-available Maktime chronographs sell for about $250 to $300. Typically, these are mechanical watches with stainless steel or titanium cases. The company also makes gold watches priced in the thousands. In fact, according to a 2005 article in Europa Star, Maktime has become the leading manufacturer of gold wristwatches in the Russian federation. Since April 2007 Maktime has been producing a limited line of exclusive watches and watches for individual order. This includes skeleton watches with precious metal cases sometimes decorated with precious stones. Several other watch companies use Maktime movements, including Volmax, Poljot, Tsedro, Denissov and Record. Background In 2003 Maktime purchased a controlling share of the Penza 3rd watch factory. The factory, founded in 1940, manufactured wrist watches under the brands Zvezda, Pobeda, Zaria, Mechta, Unost and Vesna. In 2005 Maktime acquired the First Moscow Watch Factory's Poljot production line which manufactured chrono movement 3133. Poljot staff who worked on this production line were subsequently employed by Maktime. In 2006 Maktime acquired a stake in the Second Moscow Watch Factory, Slava Moscow. This allowed Maktime to substantially increase the quality and volume of production. Source: www.russianimport.net Website The official Maktime website is www.maktime.ru (in Russian) |
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