Company name: Corum
Year founded: 1955
Corum was founded in La Chaux-de-Fonds, Switzerland by Gaston Ries and his nephew, Renee Bannwart in 1955, one year later the first Corum watches were being produced. Corum’s claim to fame came early on when the company introduced a watch made out of a $20 gold piece which was an instant best-seller. Corum is also known for its “World Premiers”. Each year, it’s produced a limited number of limited edition pieces. In January 2000, the arrival of a new owner and President, Severin Wunderman, gave new impetus to Corum. In Corum announced that it had been purchased by the China Haidian Holdings Limited group, today called Citychamp Watch & Jewellery Ltd.
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