Newsletter

Foreign chambers meet with the President of Latvia

More than 230 foreign investor representatives met with Edgars Rinkevics, President of Latvia at a Joint Chamber business luncheon on February 12 to hear the President discuss the future perspectives and competitive advantages of Latvia. In a lively discussion, moderated by journalist Pauls Raudseps, the President answered many questions raised by investors focusing on FDI attraction and competitiveness, security, human capital, sustainability, and transparency. The event was hosted by the American, German-Baltic, Norwegian, and Swedish Chambers of Commerce in Latvia. Read more

DNB team "Angry Balls" wins Bowling Trophy

Strikes, spares, and lots of laughter generated fun and fellowship for everyone who participated in our annual joint chamber bowling tournament. The title of the winning team, a trophy cup, and prizes were awarded to the DNB team with a combined score of 991 pts. The best players were Andris Ciukors, Evija Silkalne, and Līva Dumpe of DNB. Thank you to ESPA Riga and Radisson Blu Hotel Latvija, Grand Palace Hotel, Grand Hotel Kempinski, Hilton Garden in Riga Old Town, Pepsi Center, and R.B. Management for providing a variety of fantastic prizes! Read more

Labor Force work group meeting

On February 26, the AmCham Labor Force work group convened for its first meeting of the year. The group discussed the Human Capital development strategy prepared by the Ministry of Economics and AmCham's response to it, as well as the next steps for submitting amendments to the Labor Law. Representatives from FICIL joined the discussion with their comments on both the strategy and said amendments. Read more

Presenting our ideas to Parliament

On February 27 AmCham was invited to the meeting of the Economic, Agricultural, Environmental, and Regional Development Committee of the Saeima to present its view on Latvia's competitiveness and investment attraction. AmCham was represented by its Vice President and Labor Force WG Lead Ieva Racenaja, Investment Promotion WG Lead Guntars Krols, and Executive Director Liga Smildzina-Bertulsone who accentuated the need to more actively and ambitiously promote Latvia as an investment destination and leverage human capital for growth to strengthen Latvia's economic security.  Read more

EPAM Systems becomes a member

Since 1993, EPAM Systems, Inc. (NYSE: EPAM) has used its software engineering expertise to become a leading global provider of digital engineering, cloud, and AI-enabled transformation services, as well as a leading business and experience consulting partner for global enterprises and ambitious startups. In AmCham, EPAM will be represented by Hanna Ishutsinova, Senior Manager, People Partner. Read more

Welcome Sunstar group to AmCham

Sunstar group is a synergy of four interconnected services, designed to provide a holistic approach to occupational safety and health (OSH) management and workplace environment development. In AmCham, Sunstar will be represented by Armands Kalniņš, CEO, and Mārtiņš Vanags, Business Partner. Read more

Welcome Bite as a Corporate member

Bite is the fastest growing information and communication technology company in Latvia, which for more than a decade has been providing modern, innovative mobile and fixed communications services that meet the needs of customers, next-generation television Go3 and integrated ICT solutions for business customers. Kristine Mennika, Head of Corporate Communications will represent Bite in AmCham. Read more

Delna announces the Latvia results of the corruption perception index

The international anti-corruption organization Transparency International has published the 2023 results of the Corruption Perceptions Index (KPI). Latvia's results have improved by one point compared to previous years, reaching 60 points. Although results are slowly improving, Latvia still lags behind some EU and OECD countries and is unlikely to reach the targets set in the National Development Plan. Read more

Mikrotīkls will donate Wi-Fi points to Riga educational institutions

Mikrotīkls will donate wireless internet points to 32 Riga educational institutions. The gift includes 395 access points, 35 switches, and one router. Read more