The purpose of the company is to trade in and import and export goods of all kinds, as well as to exercise representations. The company may establish branches and subsidiaries in Switzerland and abroad. The company may, even without adequate consideration, conduct business with related parties, in particular grant loans to these persons or issue guarantees, sureties or pledges to secure their liabilities. The company may acquire, manage, encumber and sell real estate and participations in Switzerland and abroad. The company may engage in any further activity that is directly or indirectly related to the aforementioned purposes.