company public hkex industry watchmaking founded 1862 in le locle neuch tel switzerland founder joseph schwob theodore schwob headquarters la chaux de fonds switzerland key people under care of universal gen ve products watches website www.cyma.ch cyma sa is a swiss manufacturer of luxury wristwatches founded by brothers joseph and theodore schwob in 1862 . by 1908 cyma were advertising the resilience of their automatic timepieces when exposed to electricity magnetism and varying temperatures . 1 the company is currently owned by stelux international ltd. 2 a hong kong based holdings firm which invests primarily in fine jewellery and watches and is overseen by fellow f d ration de l industrie horlog re suisse member universal gen ve . 3 history edit the schwob brothers named the company cyma a latin word meaning sprout and the origin of the french cime or summit . in early years the company had a staff of 40 people and 55 machines that together produced about 40 watches a day . however it was not until 1892 in which the brothers partnered with fr d ric henri sandoz the owner of the watch wholesale company henri sandoz et cie that the business expanded . under sandoz s leadership the company became the cyma watch company and built the cyma factory in la chaux de fonds switzerland in the jura mountains near le locle . both towns had been the center of the swiss watchmaking industry during the 19th century . the company is currently located in le locle and is provincially managed by claude and fran oise guilgot . on 9 september 2010 cyma sa and e watch organised an event in yverdon to launch their new brand collection myriad . price and value edit cyma watches from the 1950s retailed between approximately 400 and 25 000 figures adjusted to 2010 inflation . 4 references edit the jewelers circular and horological review . jewelers circular pub . co. may 27 1908 . p. 74 . hkgcc directory . hkgcc.org.hk . retrieved 2011 09 28 . the swiss watch industry watch producers direct fh members . fhs.ch . retrieved 2011 09 28 . edward k. thompson editor in chief october 12 1953 . cyma two million shock test . life 210 . retrieved from https en.wikipedia.org w index.php title cyma watches & oldid 737991482 categories watch brandscompanies established in 1862watch manufacturing companies of switzerlandswiss watch brandsluxury brandshigh fashion brands1862 establishments in switzerland navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages fran ais edit links this page was last modified on 6 september 2016 at 08 01 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view