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In 2021, economic growth in Latvia recovered slowly after the Covid-19 crisis. At the beginning of 2022, energy and food prices increased significantly, intensifying inflationary pressure. The volume of foreign direct investments decreased, lending to companies decreased. A new approach to business promotion is needed. An industrial park is a territory set aside for economic activity, which has one manager who takes care of its infrastructure, performs construction or renovation or repair of premises according to ...

The fourth industrial revolution is currently underway in the global economy. It affects any company, including those applying green technologies whose main purpose is to reduce climate change, the loss of biodiversity and pollution when performing economic activity. Strategic management of the processes is essential for companies to achieve their main goal in parallel with the efficient use of resources when transitioning to a circular economy. Strategic management improves the company-s ability to solve both env...