AmCham board held a monthly board meeting to review and discuss past events, advocacy and membership issues. In addition, the board scheduled future events with potential speakers and topics.

AmCham held the live Harvard Business Review webinar with Scott Berinato, author of Good Charts and resident dataviz expert at Harvard Business Review who explained how a good visualization can communicate the nature and potential impact of information and ideas more powerfully than any other form of communication.

In partnership with Tatarklubben, AmCham held another educational virtual event: The end of the Experience Economy? with Harvard Business Review author Joe Pine, Co-Founder of Strategic Horizons who explained how the book helps companies create personal, dramatic, and even transformative experiences, offering the script from which managers can generate value in ways aligned with a strong customer-centric strategy.

On June 17, the Saeima adopted amendments to the Law on Judicial Power in the final reading, which provides to introduce the Economic Affairs Court as a specialized district (city) court. Read more HERE

During the last month, FICIL has continued to work on developing recommendations for the Government of Latvia for a successful economic recovery in the long-run, covering 3 crucial blocks: human resource, infrastructure and entrepreneurship. FICIL also promoted the necessary reforms in the healthcare sector as well as in higher education institution governance. Recommendations are available HERE

In response to global supply shortages of personal protective equipment, Latvian startup Shield48 has developed a decentralized supply chain that can manufacture over 20,000 multi-use face shields per day, and ship anywhere in Europe within 48 hours. Watch it here! Enjoy more stories about Latvia: www.aheadofthecurve.eu

The following members have been recognized by the Sustainability Index 2020: SEB Banka and Swedbank achieved Platinum, RISEBA - Silver, Cognizant and Latvia Tours - Bronze. This year, SEB bank received the highest total rating in its participation history - 96.4%. The Institute for Corporate Sustainability and Responsibility has been evaluating corporate sustainability and responsibility of companies in Latvia for the 11th year. The Sustainability Index evaluates company's real activity and openness to communicate with different stakeholders.

On June 4, during its Town Hall meeting for members, AmCham EU connected with Valdis Dombrovskis, Executive Vice-President for an Economy that Works for People, European Commission who shared his insights on the COVID-19 emergency: lockdowns that are affecting world trade, hitting transatlantic supply chains and EU-US investment flows. He also emphasized that open markets and trade opportunities are the best way to revitalize the economy. Read his remarks HERE.

Benchmark Litigation Europe Awards recognized Ellex Klavins as the Law Firm of the Year and Partner & Co-Head of Dispute Resolution Practice Daiga Zivtina as the Lawyer of the Year in Latvia. Find out more about the award: HERE

BITE Latvija has completed a €500,000 infrastructure upgrade while starting a data center expansion and launch by installing the latest Nokia communication infrastructure devices and increasing network 10-fold.

Weekly Newsletter, June 19

Welcome to our weekly newsletter. Before starting the Midsummer celebrations we wanted to thank you for your enagement and activity during the past few months. This week our board met to assess actvities during the past weeks and plan the future events. We were delighted to learn that the Parliament approved the legislation to introduce the Economic Affairs Court as of 2021. Although less active in terms of events and communication, we will remain at your disposal over the summer as our work in the Health and Labor Force working groups continues. Happy Midsummer holidays!

Upcoming events

Jul 03, 2020

from 20:30 till 23:00

Jul 17, 2020

from 12:00 till 14:00

Special Offers

ISL Program 2020: SUMMER RADDS for children ages 5 - 14

Countryside retreat at Rūmene Manor Garden House

Countryside retreat at Rūmene Manor Stable House Suites

Conference: Build Back Better by KAIZEN™ Institute, June 25

10% discount on Digital KAIZEN™ LEAN Yellow Belt Certification

10% discount on Digital KAIZEN™ LEAN Green Belt Certification