The Company's purpose is the holding and operation of passenger trains and the sale of products and services to the railway industry. The Company may establish branches and subsidiaries in Switzerland and abroad, invest in other companies in Switzerland and abroad, and engage in all activities that are directly or indirectly related to its purpose. The Company may acquire, encumber, dispose of, and manage real estate in Switzerland and abroad. It may also conduct financial transactions on its own account or on behalf of third parties and provide guarantees for the obligations of affiliated companies.