The purpose of the company is the development, manufacture and sale of watches and clothing as well as audiovisual products. The company can acquire, sell and manage real estate and conclude all business and contracts that promote the purpose of the company or are directly or indirectly related to it. It can establish branches and subsidiaries abroad and participate in companies. The company can provide financing for its own account or for the account of third parties, as well as provide guarantees, sureties and other securities in favor of subsidiaries and third parties.