The management of public establishments. The import and distribution of wine. Furthermore, it may carry out, on its own account, all financial, commercial or securities transactions directly or indirectly related to its corporate purpose and may participate, in any form, in all companies with a similar purpose, in particular by acquiring interests in such companies. The company may establish branches and subsidiaries in Switzerland and abroad. Within the framework of its purpose, the company may also acquire and hold Swiss real estate or shares in companies with a similar purpose and holding Swiss real estate, provided that they are used exclusively for commercial or industrial purposes.