Latvia division. The borders of historical and cultural regions usually are not explicitly defined and in several sources may vary. In formal divisions, Riga region, which includes the capital and parts of other regions that have a strong relationship with the capital, is also often included in regional divisions; e.g., there are five planning regions of Latvia (), which were created in 2009 to promote balanced development of all regions. Under this division Riga region includes large parts of what traditionally is considered Vidzeme, Courland, and Zemgale. Statistical regions of Latvia, established in accordance with the EU Nomenclature of Territorial Units
History of Latvia state took control over cooperative societies and associations. Dairy industry was placed under control of Central Union of Dairy Farmers. On April 9, 1935 a state controlled Credit Bank of Latvia was created which reduced role of foreign capital by creating many state owned industry monopolies and joint stock companies. Buyouts and liquidations of foreign, Baltic German and Jewish owned companies become a norm. In place of many competing companies large state owned companies were created. In 1939 state owned 38 such companies. The new JSC Vairogs produced railway carriages and Ford-Vairogs automobiles under Ford licence. VEF made world's smallest