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HELSINKI, Oct. 25 (Xinhua) -- Finnish forest industry conglomerate UPM reported on Tuesday its profits in the third quarter, which was hailed by its CEO Jussi Pesonen as "excellent".

The company's profit in the third quarter was 313 million euros(340.81 million U.S. dollars) this year, up by 31 percent compared with the same period last year.

UPM stock showed a six percent increase at the Helsinki stock market at 11 a.m. Tuesday.

The company's operating cash flow was recorded at 506 million euros, while the figure was 363 million euros a year ago. The strong cash flow enables both focused growth investments and attractive dividends to shareholders, the company said.

CEO Pesonen singled out the performance of paper production in North America and Europe. He said the performance shows that value can also be created in a challenging business environment.

However, UPM expected structural decline in demand of graphic papers in Europe to continue. Therefore UPM was conducting a review of its European production units and making "potential restructuring plans" in the near future.

Even though UPM is a Finnish company and carries the legacy of several Finnish producers after latest mergers in 1996, its Finnish production assets face problems. The transportation chain from Finland to the main markets in the world is long and Finnish units must prove their viability otherwise.

Early October, UPM Paper Asia was renamed UPM Speciality Papers. The name highlights the strategic focus on speciality papers.


HAVANA Jamie Benn Jersey , April 17 (Xinhua) -- Heart diseases are atop the list of ten non-communicable diseases that cause the highest mortality rates in Cuba, followed by cancer, according to data from the island's Health Ministry disclosed on Monday.

Cuba's Statistical Yearbook of Health 2016 reported that heart problems killed 217.7 per 100,000 inhabitants Throwback Dallas Stars Jerseys , while malignant tumours claimed 216.3, with both accounting for 49.1 percent of total deaths on the island in 2016.

Non-communicable diseases were the largest cause of death, with 731.4 deaths per 100,000 inhabitants Custom Dallas Stars Jerseys , according to the document published by the National Statistics Bureau.

The Yearbook informed that 66 percent of deaths from heart diseases occur due to ischemic failures, especially acute myocardial infarction.

However, heart failures and chronic rheumatic heart disease are more customary in women.

Concerning cancer, the highest mortality rates came from malignant tracheal Authentic Dallas Stars Jerseys , bronchial and lung tumors.

For men, the second-highest death rate from cancer came from prostate tumors, as opposed to breast cancer for women.

Smoking is also included in the list of chronic non communicable diseases, with the document highlighting that over half of all Cubans are exposed to cigarette smoke.

According to the World Health Organization Dallas Stars Jerseys For Sale , non-communicable diseases will be the main causes of disability worldwide by 2020, posing a very expensive challenge for healthcare systems in many countries.

China, Vietnam hold 10th meeting of steering committee on cooperation

China's first cargo spacecraft Tianzhou-1 to be launched

Candidates kick off official campaign for upcoming South Korea's presidential election

Stolen pagoda body returned to Chinese mainland

In pics: tea garden in central China's Henan

Peach blossoms on terrace fields in Guyuan, NW China's Ningxia

Aerial photos of Huairou District of Beijing

Stewardesses for high-speed train take part in training program in Harbin

" Theta Healing – Freedom from Emotional Burdens Published: 02.04.2010 | Author: AlicePaul | Category: Alternative Medicine

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