The sustainable management, in all legally permitted forms, of holdings in other companies based both in Switzerland and abroad; the execution of financial transactions with affiliated companies. The activity of monitoring the development of business in the subsidiaries and coordinating their activities. The company is authorized to establish both in Switzerland and abroad branches, subsidiaries, as well as foundations and may participate in other companies. The company is authorized to acquire and encumber funds both in Switzerland and abroad for its own use and/or for the achievement of the corporate purpose. The company is authorized to carry out any further activity aimed at achieving the corporate purposes or objects mentioned in the preceding points or in any way connected with them, both in Switzerland and abroad.