The company's purpose is to carry out construction projects in Switzerland and abroad, as well as to hold participations in foreign companies active in this field. The company may also establish branches in Switzerland and abroad and conduct all business directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also provide financing for its own account or for the account of third parties, as well as provide guarantees and sureties for its subsidiaries and third parties. The company may grant loans to its direct or indirect shareholders or to other companies of the Walo Group and provide securities of all kinds for their liabilities towards third parties, including by way of pledge or security assignment of its own assets or guarantees of any kind, even if such loans or securities are granted in the exclusive interest of its direct or indirect shareholders or other group companies and are provided free of charge.