The manufacture of assemblies, sub-assemblies, components and tools in the fields of mechanics, micro-mechanics and watchmaking. The company may establish branches and subsidiaries in Switzerland and abroad and participate in other companies in Switzerland and abroad, as well as carry out all operations that are directly or indirectly related to its purpose. It may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also carry out financing for its own account or for the account of third parties and provide guarantees for the obligations of affiliated companies.