Collection and recycling of all valuable waste in Europe, excluding glass; the company may carry out all financial, commercial and industrial, movable or immovable operations in direct or indirect relation to its social purpose or likely to promote its realization; it may create branches in Switzerland and abroad, acquire or create identical or similar companies, carry out all operations and conclude contracts that are likely to develop the company's purpose or relate directly or indirectly to it, assume participations in Switzerland and abroad; it may grant loans or guarantees to associates or third parties if it promotes its interests.