Beautiful dressy Raketa produced in the 1960ies and fitted with a 16 jewels side seconds movement. The designation for this movement is 32yH.
Raketa (rocket in English) branded watches were produced by the Petrodworzowy (Petrodvorets) Watch Factory.
The caseback is inscribed "To my beloved husband - 27.12.67"
Original name in Cyrillic: Ракета
One more picture, this time on my pulse: