Economy, Domestic Economy

Swarovski Partners With Iranian Firm

Swarovski Partners With Iranian FirmSwarovski Partners With Iranian Firm

Iranian leather and accessory manufacturing company Dorsa reached an agreement with Swarovski to use the Austrian company’s loose crystals in its finished products, the Iranian company’s website reported.

Based on the contract, Dorsa’s products will carry an exclusive seal, which is a high-security hologram technology on silver foil, a sophisticated tracking system and a unique identification number that can be easily verified online to signal the presence of original crystals from Swarovski.

Headquartered in Wattens, Swarovski is split into three major industry areas: the Swarovski Crystal Business that primarily produces crystal jewelry and accessories; Swarovski Optik that produces optical instruments such as telescopes and binoculars; and Tyrolit, a leading manufacturer of grinding, sawing, drilling and dressing tools, as well as a supplier of tools and machines.

Today, Swarovski Crystal Business is the highest grossing business unit with a global reach of approximately 2,800 stores in around 170 countries, more than 27,000 employees and a revenue of about €2.6 billion in 2016.

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