The company's purpose is: - the study, research, design, development and marketing of magnetic bodies, components for power converters, such as transformers and inductors, associated products, and in general, all systems and elements that enable the transformation of electrical power; the study, research, design, development and marketing of software for electromagnetic and power electronics calculations; as well as the filing, acquisition, exploitation or transfer of all processes and intellectual property rights, in particular patents related to the above activities. The company may create subsidiaries in Switzerland and abroad, as well as branches and hold participations in all companies in Switzerland and abroad. The company may acquire, hold and dispose of real estate, exclusively for commercial use if located in Switzerland. The company may carry out all commercial, financial, industrial or other operations that are directly or indirectly related to its corporate purpose. The company may grant loans or guarantees to its associates and to the companies in which it participates and act as guarantor for them.
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