The company's purpose is the manufacture, trade and distribution of electrical and electrothermal appliances and machines of all kinds based on its own designs or under license from domestic and foreign patents. It can establish branches abroad and in Switzerland, found subsidiaries, participate in other companies, acquire, manage and sell real estate, and perform all legal transactions that may be necessary to achieve the company's purpose, in particular also to arrange financing for its own account or for the account of third parties, as well as to grant guarantees, sureties or other securities in favor of related persons or companies, whether remunerated or not.