The operation of public establishments in the field of catering and any other similar establishments. The company may set up branches and subsidiaries in Switzerland and abroad and take participations in other companies in Switzerland and abroad as well as carry out all operations that are directly or indirectly related to its corporate purpose. The company may acquire, mortgage, sell and manage real estate. It may proceed to financing on its own account or on behalf of third parties as well as grant guarantees and securities to its subsidiaries and to third parties.