BUSINESS ASSESSMENT AND DEVELOPMENT IN COURLAND REGION

Abstract

The present research is done on business development possibilities in one of the regions of Latvia – Courland. Courland region is located along the Baltic Sea and is one of the five regions of Latvia. The number of residents in the region’s towns decreased over the recent years, and the largest part of residents is concentrated in cities – Liepāja and Ventspils. Approximately a third of the population has a higher education, which allows us to state that the level of qualification of employees and managers of enterprises is high. The region is rich in various natural, mineral, water, etc., resources. It is forecasted that business will develop in 3 industries in the region: manufacturing, transport and trade, as well as agriculture, but various factors promote and hinder the development of these industries

Keywords

• Courland, business, industry

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