Operation of a timber construction, carpentry, and joinery business, execution of interior finishing work, trade in wood products as well as consulting in the field of timber construction and other related services. May also provide financing on its own account or for third parties, as well as issue guarantees and bonds for subsidiaries and third parties, grant loans or advances to third parties, in particular to direct or indirect shareholders as well as to affiliated companies, and guarantee the obligations of these third parties, in particular by pledging, transfer of ownership or assignment for security or in any other manner. Authorized to acquire, permanently manage, and dispose of participations in domestic and foreign companies and to manage its own assets. May establish branches and subsidiaries and participate in other ventures both domestically and abroad. Authorized to acquire, encumber, dispose of, and manage real property both domestically and abroad and may, in general, conduct all business that is suitable to promote the development of the company and the achievement of the company's purpose, in particular also to acquire intellectual property rights, protect trademarks, etc.