Founded by Peter the Great in 1721, the Petrodvorets Watch Factory is one the oldest businesses in Russia. After the Second World War, and following a decree by the Kremlin, the Factory began producing "Pobeda" watches -- "Pobeda" meaning "Victory" in Russia. The watchmakers had a particular mission: to create a Russian watch to symbolize the willpower and heroism of the Russian people. A tradition was created of producing Pobeda watches as awards for special exploits - military, sports, cultural and scientific. Up to the 1960s Pobeda was the most widely produced watch in the world. Each watch is shipped with care, directly from the Pobeda factory in St. Petersburg, Russia.