The management and operation for commercial purposes of public establishments of any kind, in particular all those regulated by the LEAR, as well as the exercise of any related commercial activity in the field of gastronomy, oenology and tourism in the broadest sense, as well as participation in Switzerland and abroad in companies with similar and/or related purposes. By decision of the management, the company may open branches and subsidiaries in Switzerland and abroad. The company is also authorized to acquire, in Switzerland and abroad, properties and real estate and to establish, at the expense of the latter, limited real rights of any kind.