The purpose of the company is to acquire, hold and sell participations in companies of all kinds at home and abroad, to acquire and dispose of financial instruments of all kinds. The company may enter into interest relationships, acquire, manage, register, sell or assign intellectual property rights, in particular trademarks and patents, manage its own assets and carry out all types of financial transactions. The company is authorized to acquire, encumber, sell and manage real estate and ships at home and abroad. It may also provide financing for its own account or for the account of third parties, as well as grant guarantees and sureties for subsidiaries and third parties. Furthermore, the company may carry out all legal transactions and conduct business that is suitable to promote the development of the company and its subsidiaries and to achieve the company's purpose.