Manufacture of turned parts and related products as well as trade in these and other products. May establish branches and subsidiaries in Switzerland and abroad, acquire, encumber, sell and manage real estate in Switzerland and abroad, also carry out financing for its own account or for the account of third parties, grant loans and other financing to shareholders and affiliated companies, and provide security of all kinds for the liabilities of shareholders and affiliated companies, and in general carry out all business and enter into contracts that are directly or indirectly related to its corporate purpose or are suitable for promoting it.