The Kyiv watch company was established way back in 1997, and with the help of some watch forums I learned that the company was at first very closely connected to Poljot and that some Poljot watches assembled in Kyiv had even "Ukraine" stamped on the watch. 

At the end of 2002 KWF launched their new brand Kleynod (comes from German and Polish word for treasure, jewel). Soon after that the cooperation between KWH and Poljot ended, what is logical. 

Since the beginning of the brand launch, Kleynod use strictly Swiss movements - mainly quartz Ronda movements, for few examples at first Eta movements were used, but from 2017 also for automatic watches only Ronda 150 is used. I have one example of this automatic watch.