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There’s Skoda logo engraved on back case.
A similar watch from Tissot is shown here: https://omegaforums.net/threads/vintage-tissot.63179/page-10#post-1701008
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I wonder if it was some kind of anniversary issued piece for Skoda worker or someone just engraved case back from love to his old Skoda 😉
SN indicates WWII period so seems doubtful to me that in this time they were making such gifts.