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  <front>
    <journal-meta>
      <journal-id journal-id-type="publisher-id">RFDS</journal-id>
      <journal-title-group>
        <journal-title>Regional Formation and Development Studies</journal-title>
      </journal-title-group>
      <issn pub-type="epub">2029-9370</issn>
      <issn pub-type="ppub">2029-9370</issn>
      <publisher>
        <publisher-name>KU</publisher-name>
      </publisher>
    </journal-meta>
    <article-meta>
      <article-id pub-id-type="publisher-id">4_CERNAVSKIS</article-id>
      <article-id pub-id-type="doi">10.15181/rfds.v7i2.2360</article-id>
      <article-categories>
        <subj-group subj-group-type="heading">
          <subject>Article</subject>
        </subj-group>
      </article-categories>
      <title-group>
        <article-title>Financial Stability of Enterprise as the Main Precondition for Sustainable Development of Economy</article-title>
      </title-group>
      <contrib-group>
        <contrib contrib-type="Author">
          <name>
            <surname>Cernavskis</surname>
            <given-names>Konstantins</given-names>
          </name>
          <email xlink:href="mailto:kon.cern@inbox.lv">kon.cern@inbox.lv</email>
          <xref ref-type="aff" rid="j_RFDS_aff_000"/>
        </contrib>
        <aff id="j_RFDS_aff_000">University of Latvia</aff>
      </contrib-group>
      <volume>8</volume>
      <issue>3</issue>
      <fpage>36</fpage>
      <lpage>46</lpage>
      <permissions>
        <ali:free_to_read xmlns:ali="http://www.niso.org/schemas/ali/1.0/"/>
      </permissions>
      <abstract>
        <p>The problem of financial stability of a modern enterprise predestines a long-term development of state. The long-term development strategy-making concepts, binding to each member state, have been legislated in the European Union. A sustainable development is a balanced and socially responsible economic development subject to preservation of the environment and resources for the benefit of future generations.  A national sustainable development plan prior to 2020 is required for each EU country. Under the development priorities situation typical to Baltic States, featuring a relative deficiency of mineral resources with some possibilities of development of high-end technologies, transit industry may be deemed the main priority. The enterprise financial stability concept is the main objective, regarded as a mandatory condition for ensuring a long-term and sustainable development as exemplified by the two renowned air carriers. The methods of scientific research most frequently applied in economics domain have been used: monographic, comparative, hierarchical and quantitative methods of financial ratios.</p>
      </abstract>
      <kwd-group>
        <label>Keywords</label>
        <kwd>financial stability</kwd>
        <kwd>activity</kwd>
        <kwd>processes</kwd>
        <kwd>compensatory mechanisms</kwd>
        <kwd>sustainable development</kwd>
      </kwd-group>
      <kwd-group kwd-group-type="JEL CODES">
        <label>JEL CODES</label>
        <kwd>G320</kwd>
        <kwd>G390</kwd>
      </kwd-group>
    </article-meta>
  </front>
</article>
