Despite Latvia being a small country, it bears marked territorial or regional differences both between smaller administrative territorial units (local municipalities, republican cities and districts) and between larger territories – regions. From 2004 till 2008 Riga received 50% of all European Union (EU) funding. Latgale received the smallest part of financing (10%); the rest of the funding was split almost equally among Zemgale (12%), Vidzeme (12%) and Kurzeme (13%). As specific tasks for the development of specific territories or a balanced distribution of financing were not put forward for the strategy of acquiring funds, the fund investment has been attracted only to those territories where the yield could be the biggest or where the absorption capacity was the highest.

The purpose of the research is to evaluate the technologies, available to the Latvia’s sector of fish processing and their utilized capacity, as well as to identify the factors influencing production process, providing recommendations for development and improvement of further policy of the sector. The author evaluated availability and utilized capacity of production technologies in the Latvia’s sector of fish processing, considering the analysis of financial indicators of the made investments, production capacity load and fish processing companies. In view of economic theory, the factors, influencing the production process of Latvia’s sector of fish processing, were defined. As a result of analysis, the author established that the development of production of Latvia’s fish processing sector is to a great extent influenced by the availability of human resources, raw materials and investments, as well as undertaking. For further development and policy planning of the sector it would be advisable to take into account these factors, influencing the production process of Latvia’s sector of fish processing and their changes. The formed combinations of indicators may be used in scientific researches on establishment of production technologies availability and their utilized capacity, and identification of factors, influencing the production process; they may facilitate researches for its calculation and importance, as well as may assist the institutions involved in the fisheries’ policy formation to work more successfully and improve the common policy in the field.