The
Petrodvorets Watch Factory (Russian: Петродворцовый часовой завод) is the oldest factory in Russia. Founded by
Peter the Great in 1721 as the
Peterhof Lapidary Works, to make
hardstone carvings, since 1945 the factory manufactures the Soviet
Pobeda watches and since 1961 it has manufactured the Soviet
Raketa watches. In almost 300 years of history, the factory has changed name several times.
Petrodvorets is located in
Saint Petersburg