Abstract
The problem of financial stability of a modern enterprise predestines a long-term development of state. The long-term developmentstrategy-making concepts, binding to each member state, have been legislated in the European Union. A sustainable development isa balanced and socially responsible economic development subject to preservation of the environment and resources for the benefitof future generations. A national sustainable development plan prior to 2020 is required for each EU country. Under the developmentpriorities situation typical to Baltic States, featuring a relative deficiency of mineral resources with some possibilities of developmentof high-end technologies, transit industry may be deemed the main priority. The enterprise financial stability concept is the mainobjective, regarded as a mandatory condition for ensuring a long-term and sustainable development as exemplified by the two renownedair carriers. The methods of scientific research most frequently applied in economics domain have been used: monographic,comparative, hierarchical and quantitative methods of financial ratios.KEYWORDS: financial stability, activity, processes, compensatory mechanisms, sustainable development.
Published Version
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