Swatch Group: Fire at ETA in Grenchen put out

Swatch Group

Biel / Bienne – Grenchen (Switzerland), 29 December 2013

Today Sunday at around 8:45 A.M. a fire broke out in the galvanic department of the main building of ETA Manufacture Horlogère in Grenchen. While the workshop has been entirely destroyed, nobody was harmed. There was no activity in the workshop at the moment of the incident. Thanks to the swift and efficient intervention of the ETA-internal fireworkers and the fireworkers of the town of Grenchen, the fire could not expand to the neighbouring workshops. The fire was under control at 09:30 A.M. and put out shortly after. 

The reasons of the incident are not yet known. The damages caused by the fire are considerable. It is nevertheless too early today to put a figure on the damage. As a measure of prevention and due to the heavy smoke the Police of Canton Solothurn have informed the population.

 

Related news

Proposed appointment of Andreas Rickenbacher to the Board of Directors
AD HOC

Proposed appointment of Andreas Rickenbacher to the Board of Directors

Swatch Group will propose the appointment of Mr. Andreas Rickenbacher as a new member of its Board of Directors at the next Annual General Meeting, which takes place on May 12, 2026. This proposal is in line with the Group's desire to strengthen its governance and benefit from additional expertise within its Board of Directors. Andreas…

Key Figures 2025
AD HOC

Key Figures 2025

Net sales of CHF 6 280 million, -1.3% at constant exchange rates compared to the previous year (-5.9% at current rates)1). Negative currency impacts of CHF 308 million. Excellent performance in the second half of the year with sales growth of 4.7% at constant exchange rates. Strong acceleration in the fourth quarter with sales up 7.2% worldwide…

Half-Year Report 2025
AD HOC

Half-Year Report 2025

Net sales of CHF 3 059 million, -7.1% against the previous year at constant exchange rates and on a comparable basis1) (-10.4% at current rates). Negative currency impact of CHF -113 million. Operating profit of CHF 68 million (previous year: CHF 204 million). Operating margin of 2.2% (previous year: 5.9%). Net income of CHF 17 million (…