The research, development and exploitation of metal coating technologies. The company may acquire, operate, administer and sell real estate (excluding transactions subject to the Federal Act on the Acquisition of Real Estate by Foreigners) and intellectual property rights, establish branches and subsidiaries in Switzerland and abroad, and engage in all operations that directly or indirectly serve its development or that of its group. Furthermore, the company may grant loans or other forms of financing directly or indirectly to companies of the same group, as well as provide guarantees of any kind, for the direct or indirect benefit of companies of the same group, in particular in the form of guarantees, pledges or securities of any kind, whether in the direct or indirect interest of shareholders or other group companies, or even gratuitously.