Newsletter

AmCham leadership reviews strategy

On August 28, AmCham Board and Staff convened for a semi-annual strategic meeting to dicuss further direction and progress towards the goals of AmCham. The board follows closely the key priority areas set in the beginning of the year and regularly monitors the Chamber's performance. Read more

Back to work Happy Hour

On August 22, members from the American, Norwegian, Finnish, Irish and Latvian American Chambers of Commerce along with The Red Jackets came together to reconnect, network and recharge for the busy season ahead. In addition to great networking during this and another recent event, EUR 1365 were raised in support to RMHC Latvija Read more

Joint Chamber Summer Happy Hour

On August 8, members enjoyed a warm summer evening at the Joint Chamber Summer Happy Hour co-hosted by the American, British, Finnish, Latvian American, Norwegian and Swedish Chambers of Commerce. In addition to networking, donations were collected to support RMHC Latvija and their efforts to assist Latvian children to get medical support right where they live. Read more

Boosting economic cooperation between Latvia and California

On July 26, the US Ambassador together with AmCham hosted a networking reception to welcome California state delegation to Riga. California State Treasurer Fiona Ma and Senator Josh Newman led the delegation of representatives of California State Senate as well as US companies from the energy, finance, private equity, robotics and other industries seeking partnerships in support of Latvian and broader EU market entry. Read more

How to advance precision medicine development?

On August 29, representatives of the AmCham Healthcare work group convened for a meeting with the top officials of the Ministry of Economy and the Ministry of Health to discuss how to facilitate the development of precision medicine in Latvia. Read more

Discussing tax reform

On August 23, AmCham Board met with representatives from the Finance Latvia Association (FAL) to discuss the proposed tax changes by the Ministry of Finance. Among the issues discussed were concerns about the lack of predictability and non-transparent decision-making that may further affect the ability to attract and retain foreign investment and maintain economic competitiveness. Read more

AmCham Healthcare Work Group meets with largest hospitals

On August 20, AmCham Healthcare Value-based procurement sub-group met with representatives of university hospitals to discuss their strategy regarding value-based procurement. Members expressed readiness to continue with workshops and international best practices to provide testing and implementation of value-based medical procurements in the largest hospitals in Latvia. Read more

Healthcare Work Group reconvenes after summer

On August 28, the AmCham Healthcare work group reconvened after the summer break to discuss the next activities and to provide an update on various work streams, specifically, healthcare financing, digital health, precision medicine, secondary health data regulation and value-based procurement. The meeting was kindly hosted by Novartis Baltic at their new office at the Elemental Business Center. Read more

From red tape to red carpet? An overview of the financial landscape for investors

At the start of 2024, AmCham members collected examples of their experiences obtaining financial services in Latvia. This culminated in a paper detailing specific instances where opening bank accounts and other banking interactions proved unnecessarily difficult, and recommendations for improvement were provided. Read more

Grand Hotel Kempinski Riga takes lead in sustainable practices

Grand Hotel Kempinski Riga has achieved Silver Certification through EarthCheck, the world’s leading business advisory group specializing in sustainability and destination management for the travel and tourism industry. “The EarthCheck Silver Certification validates our initiatives aimed at minimizing waste, conserving water, enhancing energy efficiency and giving back to the community”, says their GM. Read more

Take your beloved ones to a restaurant and help others to get to the school

SOS Children's Villages together with leading Latvian chefs are inviting families to have a lunch/dinner on September 2nd at cafes and restaurants to engage in the charity campaign "Take your beloved ones to a restaurant and help others to get to the school". Read more

Presentation of Medtronic Hugo™ robotic-assisted surgery

On August 28 AmCham representatives were invited to the opening ceremony of Medtronic Hugo™ robotic-assisted surgery roadshow at Medical Education Technology Center (MITC) of Riga Stradins University in Riga.This state-of-the-art system is an advanced surgical technology designed to provide greater efficiency in surgical procedures. Read more

AmCham welcomes Baltic Photonics

Baltic Photonics, with the expertise of its parent company Harder Digital, aims to become a key player in the defense technology sector in the Baltics focusing on the manufacturing of night vision optical equipment. In the Chamber it will be represented by its CEO Edgars Zandmanis. Read more

Mogotel Hotel Group joins AmCham

Mogotel Hotel Group is an international hotel operator headquartered in Riga, Latvia delivering high-quality hospitality services. The group’s operations span across Eastern and Northern Europe, offering a variety of hotel types to meet the unique needs of every guest. In addition to operating their own brands, Mogotel collaborates with some of the world’s most renowned hotel management chains, including Wyndham, Accor, and IHG. In the Chamber, it will be represented by Laura Kārkliņa-Cimdiņa, Head of Sales Baltics.  Read more