The company's purpose is the operation and management of public establishments and any activity in the field of catering, hospitality and leisure, including catering services. The company may also carry out all commercial, financial, movable and immovable transactions that are conducive to or facilitate the development of the company and the achievement of its social purpose. In particular, the company may take participations in similar companies in Switzerland and abroad. The company may establish branches, both in Switzerland and abroad.