The company's purpose is to design and execute electrical high and low voltage systems, provide automation, communication and security solutions in buildings and watercraft, as well as other services in the field of building technology and shipbuilding, manufacture and trade in electrical machines and equipment and related supplies. Furthermore, the company may, by decision of the management, conduct all business that is suitable to promote or facilitate the development of the company and the achievement of its purpose, or which is directly or indirectly related thereto. It may also acquire, hold, rent, manage and sell real estate in Switzerland and abroad, provide financing for its own account or for third-party account, enter into guarantees and warranties for subsidiaries and third parties, participate in other companies in Switzerland and abroad, and acquire, hold, broker, grant, manage, administer and sell licenses and other rights of any kind. The company may, by decision of the management, establish branches, agencies and subsidiaries in Switzerland and abroad.
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