Helping Ukraine, supporting innovations and donating to charities

Sorainen has been involved in numerous social responsibility activities throughout the year starting from clean-up day and such volunteering activities as providing pro-bono advice to Ukrainian companies planning to relocate their business, as well as NGOs and people in distress. The law firm joined an annual pro-bono program supporting innovative and strategic projects in the Baltics and donated to numerous charities and campaigns for the Children’s Hospital Foundation, Dod 5, the mental health support foundation ESI, and the Entrepreneurs for Peace activity group.

Make an impact for women fighting breast cancer

Since its creation in 2014, the Pink Train Foundation has helped over 1000 women during this difficult period in their lives and the number of women helped remains steady every year. The main aim of the foundation is to provide support for women in Latvia suffering from breast cancer, covering the costs of individual counseling following diagnosis and during treatment or after treatment has ended, as well as physiotherapy following operations related to this disease. The foundation would appreciate financial support on a more permanent and regular basis either with individuals or companies.

NAIC-ISAO joins AmCham

Michael Thiessmeier has upgraded his Individual membership to Non-Profit by introducing the National Artificial Intelligence and Cybersecurity Information and Sharing Analysis Organization (NAIC-ISAO), a task force of the Tortora Brayda Institute, and the first information-sharing and analysis organization focused on the convergence of AI and cybersecurity. A warm welcome to AmCham membership!

Welcome new member AMOS

Dr. Annemarija Linaresa recently upgraded her Individual membership to Non-Profit with AMOS, a non-profit healthcare foundation centered around world-class, patient-centered, value-based, multidisciplinary end-of-life care. AMOS operates on value-based healthcare principles, not only providing state-of-the-art hospice services, but also creating efficiencies for the entire Latvian healthcare sector by off-loading hospitals, emergency rooms, emergency medical service brigades, and family doctors. We warmly welcome AMOS to the AmCham community!

Expanding solar panel park with new solar panels

SIA Troja, a plywood processing company affiliated to Latvijas Finieris, plans a major expansion of its renewable energy generation capacity by installing more than 400 new solar panels, adding a total of 164 kW to the existing capacity at its Riga mill. The solar farm will prevent 15,221 tonnes of CO2 emissions every year. The project is co-financed by the Altum Development Finance Institution as part of an EU Recovery Fund program.

On July 11th, AmCham hosted a movie night for the world premiere of Mission Impossible: Dead Reckoning - Part One with a reception part at the Vertigo Bar of Forum Cinemas where members enjoyed drinks prior to the special premiere in the iSense theater that was kicked off with Mission Impossible trivia by Forum Cinemas and a professional biker performance and epic jump.

AmCham held an insightful discussion with one of the most successful Latvian entrepreneurs - Lauris Liberts, Founder and Co-Owner of Draugiem Group - to hear his views on accessing the U.S. market and the success of his business ventures. Along with the discussion of the success of Draugiem Group and Printful, Lauris shared a very personal story on what drives him in creating new businesses, where he sees opportunities, and what he is next up to. The session was skilfully moderated by AmCham Vice President Pauls Miklasevics.

This year's World Latvian Economics and Innovations Forum focused on the Latvian economy, including biomedicine, medical technology, pharmaceuticals, green technology, smart energy, transportation, and mobility. It featured numerous speakers including AmCham the President of Latvia, the Prime Minister, the Minister of Foreign Affairs, and Mayors of Riga and Liepaja, in addition to a number of successful entrepreneurs and professionals. AmCham President John Tully joined the panel devoted to the future of Latvia's healthcare and biotech sectors and AmCham Vice President Pauls Miklasevics moderated the discussion on the energy sector policies for Latvia in the next 10 years.

Joint statement calling to balance the tax burden in order to grow Latvia’s economy

Nine organizations of foreign and domestic investors, business and industry associations, as well as professionals in Latvia and its diaspora, have jointly urged the Latvian government to amend laws and regulations in order to prevent economic double taxation on dividends for individual investors. At a time when Latvia lags further behind its neighbors in economic growth and development, it is imperative to remove all barriers reducing its international competitiveness. The joint call has been addressed to the Prime Minister, line ministers, and Saeima's Committees.

On July 1, more than 500 guests gathered at a delightful picnic to commemorate the 247th Anniversary Independence of the United States. The event embraced American traditions, food, music, and various activities. Our gracious host John Tully welcomed everyone to his residence in Mezaparks, setting the stage for a day filled with vibrant energy and enthusiasm. The festivities commenced with warm greetings from U.S. Ambassador Christopher Robinson and co-host Dmitrijs Latisevs, the Chairman of the Board at BluOr Bank. The event involved a wide array of festivities, including a diverse selection of food and beverages, a charity raffle, a quiz highlighting the history and traditions of the 4th of July, contests, and board games.