The company's purpose is to invent and develop technical solutions and products, in particular for rail vehicles; to sell copyrights and grant licenses, and to provide services such as technical consulting and expert opinions. The company may establish branches and subsidiaries in Switzerland and abroad, and participate in other companies in Switzerland and abroad, as well as conduct all business that is directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage intellectual property and real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for subsidiaries and third parties.