In Switzerland and abroad, the operation of public establishments such as cafes, hotels, restaurants, snack bars, coffee bars, tea rooms or similar enterprises; the company may carry out for its own account or for the account of third parties, all financial, commercial, industrial, movable and immovable operations in Switzerland and abroad, directly or indirectly related to the main purpose; it may create branches in Switzerland and abroad; the company may also grant loans to its associates and guarantee, secure or co-sign loans granted by third parties to its associates.