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HELSINKI cheap nike m2k tekno , Sept. 26 (Xinhua) -- Finnish elevator company Kone has launched a program to support profitable growth, which will result in reducing about 1,000 employees worldwide, the company said on Tuesday.


The program is aimed to accelerate the execution of its Winning with Customers strategy to support profitable growth, issued at the beginning of 2017, announced Kone in a press release.


The target of the program is to generate cost savings of about 100 million euros annually cheap nike air max typha , and will cause approximately 1,000 redundancies globally over the next three years until 2020.


Founded in 1910 and headquartered in Espoo, southern Finland, Kone is the fourth largest manufacturer of elevators and escalators in the world. Currently, the company employs some 52,000 personnel worldwide.


Since 2016 cheap nike air vapormax flyknit , Kone's net sales and operating profit has shown a downward trend, as orders received in the Asia-Pacific region decreased due to a decline in its significant Chinese market.


Xi says international community must cooperate on global security


Traditional Chinese Medicine Industry Expo opens in China's Gansu


Light show seen in Xuan'en County, China's Hubei


13 tons of drugs torched in Afghan eastern Nangarhar province


Modern manufacturing, transport help six Chinese provinces develop fast


Scenery of terraced fields in Houyuan Village, China's Fujian


Scenery of high-speed rail networks in south China's Guangxi


In pics: paddy fields across China


BEIJING, Sept. 27 (Xinhua) -- China's major industrial firms posted faster profit growth in the first eight months of this year cheap nike air vapormax plus , the National Bureau of Statistics (NBS) said Wednesday.


Industrial companies with annual revenue of more than 20 million yuan (about 3.02 million U.S. dollars) reported profits of 4.92 trillion yuan in the first eight months, a 21.6-percent increase from one year earlier, the NBS said in a statement.


The strong growth marks a pick-up from the 21.2 percent in the January-July period.


In August alone, profits of major industrial firms rose 24 percent year on year, much faster than the 16.5-percent growth in July, the NBS said.


Among the 41 industries surveyed cheap nike air vapormax , 39 posted year-on-year profit growth during the first eight months.


NBS statistician He Ping said the strong growth was a result of price hikes in industrial products and lower production costs.


China's producer price index (PPI), which measures costs of goods at the factory gate, rose 6.3 percent year on year in August, 0.8 percentage points higher than the July level.


The price rebound has added some 127.3 billion yuan to the August industrial profits, accounting for 31.2 percent of the total profit increase last month, said He.


Meanwhile cheap nike air max 180 , for each 100 yuan of revenue, companies had to spend 85.44 yuan, a 0.64-yuan decrease from the same period last year, NBS data showed.


He also mentioned that the leverage ratio of Chinese industrial firms is on the decline amid the government's ongoing supply-side structural reform. By the end of August, their debt-asset ratio dropped 0.7 percentage points from a year ago to 55.7 percent.


Xi says international community must cooperate on global security


Chinese vice premier visits basketball players before friendship game


Sino-French cultural forum staged in Lyon


Highlights of Turkish-Iraqi joint military drill


Modern manufacturing, transport help six Chinese provinces develop fast


A look at Kantuman Bazaar in China's Xinjiang


Scenery of terraced fields in Houyuan Village cheap nike air max 93 , China's Fujian


Scenery of high-speed rail networks in south China's Guangxi


TOKYO, Sept. 27 (Xinhua) -- The Cabinet of Japanese Prime Minister Shinzo Abe on Wednesday approved the appointment of Masayoshi Hamada as senior vice minister of the Reconstruction Agency.


Hamada, 60, is a third-term upper house member belonging to the ruling Liberal Democratic Party's (LDP) junior Komeito coalition party ally.


His appointment comes following his predecessor, Hiroaki Nagasawa, who also belonged to Komeito cheap nike air max 360 , relinquishing his post and party position for allowing a female to stay in a housing complex for lawmakers, in violation of the party's rules.


The scandal comes as Komeito and other parties are gearing up to go to the polls in a snap general election to be held next month.


Revelations of Nagasawa's indiscretion came to light following a weekly magazine's inquiry on the indiscretion, which led to Nagasawa being quizzed by a senior party official and the two-term upper house member resigning to account for the scandal.


The new appointment Wednesday comes amid a string of scandals and gaffes to hit the ruling LDP-led bloc, including accusations of cronyism leveled at Abe himself.


The Reconstruction Agency, established in the wake of the 2011 earthquake and tsunami disaster to deal with rebuilding efforts, has itself been beset with gaffe-linked scandals leading to its representatives resigning.


Shunsuke Mutai resigned as parliamentary vice reconstruction minister in March after firstly being criticized for getting a piggyback ride across a large puddle in a typhoon-hit town.


The LDP lawmaker drew flak cheap nike air max 98 , thereafter, for saying at a fundraising event that his gaffe led to the government buying more rain boots for officials to borrow, which had helped the profit margins of the boot-making industry.


Masahiro Imamura, meanwhile, quit as reconstruction minister in April after remarking that it was better that the 2011 earthquake hit northeastern Japan rather than the greater Tokyo metropolitan area.


Abe's Cabinet on Wednesday also approved the appointment of Jiro Akama as senior vice minister of the Cabinet Office following a high-profile defection.


Akama, 49 cheap nike air max 270 , is a third-year LDP lawmaker and represents a . Cheap MLB Jerseys Wholesale Jerseys Wholesale Jerseys Free Shipping Wholesale Jerseys Online Wholesale Jerseys China Cheap Wholesale Jerseys China Free Shipping Wholesale NBA Jerseys Cheap Wholesale MLB Jerseys Free Shipping Cheap Swingman NBA Jerseys Cheap College Football Jerseys
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