The purpose of the company is the development, production and distribution of electrical articles as well as the provision of consulting services for electrical articles. The company can acquire, encumber, manage and sell real estate. It can establish subsidiaries and branches in Switzerland and abroad and participate in other companies in Switzerland and abroad. It can provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties. It can acquire, encumber, manage and sell copyrights, patents and licenses of all kinds. Furthermore, it can conduct all business that is suitable to promote the development of the company and the achievement of the company's purpose.