Daniel Swarovski, formerly Daniel Swartz, was born in the Czech Republic on 24th October 1862. As his father was a glass cutter who owned a small factory, Swarovski served as an apprentice and became highly skilled in the art of glass-cutting. In 1892, he patented an electric glass-cutting machine that facilitated the production of crystal glass .In 1895, Swarovski financier Armand Kosman and Franz Weis founded the Swarovski Company and established a crystal cutting factory in Wattens, Austria to take advantage of the local hydroelectricity for the energy-intensive grinding processes that Daniel Swarovski patented.
Swarovski is still the fully independent company today that it was when it first started, with the headquarters being based at the original foundation site in Wattens, Austria. The brand has maintained a presence in over 120 countries worldwide and is still the leading producer of cut crystal, genuine and created gemstones.