The purpose of the company is to operate a watch store and a repair workshop in Zurich. It also trades in jewelry. The company may establish branches and subsidiaries in Switzerland and abroad, acquire interests in other companies in Switzerland and abroad and engage in all transactions directly or indirectly related to its purpose. The company may acquire, encumber, sell and manage real estate in Switzerland and abroad. It may also undertake financing for its own account or for the account of third parties and enter into guarantees and sureties for subsidiaries and third parties.