Welcome Baltik Elektro to AmCham

Baltijas Elektro Sabiedrība (Baltik Elektro), one of the leading wholesalers of electrical products in Latvia, has joined the Chamber as a Corporate Contributing member. The company stands as a key player in Latvia's electrical wholesale sector, boasting three decades of industry expertise. For the past 25 years, it has proudly been a part of the esteemed Würth Group. A warm welcome to AmCham!

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We invite you to take a survey to assess our programs and activities in the past year and to collect ideas for the future. Your feedback and suggestions are important not only for us to improve and maintain our activities, but, more importantly, to bring more value to you and your membership. Please fill it out by December 4, 2023: HERE

Session with senior health officials

On November 24,  AmCham Healthcare work group met Boriss Knigins, Deputy Secretary of State at the Ministry of Health, and Inga Milasevica, Deputy Director of NHS to discuss the current issues in the healthcare sector, including healthcare financing, value-based procurements, and the first VBHC pilot project, secondary health data, precision medicine and implementation of the digital health strategy. The group meets with the Ministry of Health every quarter to discuss the progress on issues that have been prioritized by the AmCham Healthcare Work Group.

Ways to promote STEM education

On November 24, members discussed the importance of raising awareness of STEM education in Latvia and were introduced to the Leadership Development Program developed by Iespējamā Misija and Futurimo Riga of Riga Technical University. The group will spread the word about the Leadership Development Program to the AmCham community.

MikroTik gives away €1M to the Children's Hospital Foundation

This year, the Children's Hospital Foundation received a donation of one million euros from IT company MikroTik. The company has been supporting the Children's Hospital since 2015, donating more than four million euros. This time, the donation is intended for the improvement of medical services of the Children's Clinical University Hospital, further education of employees, as well as attracting specialists from abroad.

Hotel & Restaurant Neiburgs included in Michelin Guide

Hotel & Restaurant Neiburgs has been included in the revered Michelin Guide as a suggested restaurant in Latvia. Congratulations on this monumental achievement! The inaugural MICHELIN Guide Latvia 2024 was launched on November 21st  featuring 26 restaurants spread across the country – 19 situated within Riga and 7 located outside of the capital – and includes one restaurant honored with One MICHELIN Star, three restaurants awarded a MICHELIN Bib Gourmand, and one restaurant highlighted with a MICHELIN Green Star for sustainability.

Gracestone Group joins membership

Gracestone Group, an investment platform that specializes in acquiring profitable companies, partnering with the right partners, has joined the Chamber as a Small Business member. They work with small and medium business owners to optimize their business assets and values. Armed with a deep understanding of different markets, they navigate the ever-changing market to create value for their partners. A warm welcome to AmCham community!

Riga Business School and RISEBA included in Eduniversal ranking

The four-palm league of the Eduniversal ranking of the world’s best business schools now includes AmCham members Riga Business School, RISEBA University of Applied Sciences along with the Faculty of Engineering Economics and Management of Riga Technical University. The Eduniversal Business Schools Ranking includes the world’s 1000 best higher education institutions that provide business and management education. The ranking is based on a five-palm league table.

On November 15, BluOr Bank invited members to the Business After Hours with an inspiring keynote presentation by Pauls Miklasevics, Chief Investment Officer at BluOr Bank on the topic "The Supercycle – How to profit from the biggest investment cycle in the history of humankind" that was followed by numerous questions from the audience and underground safe tour.

On November 14, the Healthcare work group members met to review the latest developments on healthcare projects. Several legislative topics were also raised such as the EU Product Liability Directive and the new EU pharmaceutical rules. It was proposed to consider new projects promoting precision medicine and in-vitro diagnostic policy in 2024.