I took a year and a half of Russian language in college. That, with google translator, which I used, sometimes I can figure these things out. The bottom of the watch face reads phonetically "Komandeerskeeye", so our equivalent would probably be "Commander". The top phonetically says "Sdelyano f/v Russie" which would translate to "Made in Russia". The back, based on the link provided by Mackaydon above shows it means "waterproof."