The company's purpose is to purchase and sell, manage and/or operate inland vessels as well as any other shipping activity on water. The company may, in addition, carry out all commercial, financial and other transactions which are intended and suitable to promote or facilitate the development of the company and the achievement of its purpose. The company may establish branches and subsidiaries in Switzerland and abroad and carry out all transactions which are directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as guarantees and sureties for subsidiaries and third parties, and acquire, hold, manage and sell intellectual property rights. The company may grant direct or indirect financing (including cash pooling) to its direct or indirect subsidiaries, its direct or indirect shareholders and their direct or indirect subsidiaries and third parties, and provide security of any kind for the liabilities of such companies, including by way of pledges on or fiduciary transfers of the company's assets or guarantees of any kind, whether paid or unpaid.
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