The operation of a renovation and second-work company, including the laying of tiles and floor coverings, plasterboard work, plastering, painting, cleaning, as well as all activities directly or indirectly related to its purpose. The company may establish branches and subsidiaries in Switzerland and abroad and take stakes in other companies in Switzerland and abroad as well as carry out all operations that are directly or indirectly related to its corporate purpose. The company may acquire, mortgage, sell and manage real estate. It may engage in financing for its own account or for the account of third parties as well as grant guarantees and securities to its subsidiaries and to third parties.