The company's purpose is the maintenance, repair, compliance, modernization, and replacement of elevators and their equipment. It also aims to study, develop, and carry out all projects in the field of elevators. The company may additionally engage in any other activity directly or indirectly related to these purposes, notably by creating branches in Switzerland and abroad, participating in other companies in Switzerland and abroad, acquiring companies with identical or similar objectives, or merging with such companies, and carrying out all operations and concluding all contracts aimed at developing and extending its purpose or directly or indirectly related thereto.