My guess is it's from the 1979s or later thing I don't know. It says Reuge on the music box and label. I know Reuge makes music boxes and that they collaborate with others on these types of moving carousel style music boxes.
I don't see another maker name on it but it reminds me of Erzgebirge style. One of the trees has lost some of its shavings.
Otherwise, the box looks good and functions smoothly.