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- …em. After privatisation, the company became Glasshütter Uhrenbetrieb GmbH (GmbH is the equivalent of a Private Limited Company). …nal' and 'Union' being used. In 1997, a spin-off company Union Uhrenfabrik GmbH Glashütte was created for the 'Union' brand.2 KB (313 Wörter) - 01:12, 28. Nov. 2011