Trading in horses and articles of all kinds related to equestrian sports, training of riders and horses, as well as promotion of equestrian sports. May establish branches and subsidiaries in Switzerland and abroad, participate in other companies in Switzerland and abroad, acquire or establish similar or related companies, and enter into all transactions and conclude contracts that are suitable to promote the purpose of the company or are directly or indirectly related to it, acquire, manage, encumber and dispose of real estate, copyrights, patents and licenses of all kinds, provide financing for its own account or for the account of third parties, as well as enter into guarantees and sureties.