MikroTik continues to support 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.

Latvijas Finieris announces ambitious investment plans

On November 14 at the extraordinary general meeting of shareholders, Latvijas Finieris decided to increase the company's share capital from 89.6 to 134.5 million euros. The company has an ambitious investment plan to invest more than 200 million euros in the development of the group in order to achieve strategic goals and strengthen the company's position in the European birch plywood market.

New membership pricing

In order to sustain our high-quality services, the Board has decided to adjust AmCham membership dues. For the past five years, our dues have remained unchanged, while the operational costs have increased steadily. In order to ensure best-in-class performance in all our operations and to be able to build reserves to ensure long-term financial health, the dues will be slightly raised as of January 1, 2024. However, all existing members will be granted an early-bird fee in the equal amount of this year's dues. View the new pricing structure.

We are hiring

AmCham is looking for an Office Manager to ensure the efficient functioning of our office and operations. We offer an opportunity to serve the largest foreign business organization in Latvia in striving to improve the business and investment climate. This position requires strong organizational, communication, and administrative skills. If you know someone who might be a good fit for this position, please send them our way!

On November 7, around 50 AmCham members gathered for Meet AmCham, an annual member orientation event, which offers the opportunity to make new contacts, strengthen existing relations, raise brand visibility, and network to maximize the impact on one's business. The members who have joined AmCham over the course of the past year had the chance to make short pitches. Welcome to the following members: Amos, BaltCap, BluOr Bank, Codnity, EdTech, H2YO, Kenvue, Mitigate, Ness Latvia, Reich Montage, Swisscom DevOps Center Riga, Tech Recruitment and individual member Janis Paksis.