News

airBaltic to build Baltic Cargo Hub at Riga Airport

Apr 28

Latvian airline airBaltic and Riga Airport have signed a land reservation agreement for building a new Baltic Cargo Hub at Riga Airport. The new cargo hangar will be the largest dedicated air cargo handling facility in the Baltics.

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MIT courses available at Riga Business School

Apr 28

RTU Riga Business School is one of the first institutions in Europe to collaborate with Massachusetts Institute of Technology (MIT), which the prestigious QS World University Rankings in 2021 announced as the world’s best university. As of May 3, students from RBS and other universities will be able to study in courses from "MITx MicroMasters" programs in finance, supply chain management, statistics, and data science at RBS. 

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Getting ready for your future career
Apr 27

Three experts from our membership - Leadership and career development trainer Anita Gaile, HR Lead of Cognizant Latvia Sandra Siliniece and Head of Talent Acquisition and Development of airBaltic Marina Volkova offered insights in the topic of career development and employment life cycle in the new work environment in our latest webinar in Connect with AmCham series.

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LIAA launches Relocation Guide to Latvia

Apr 26

The Investment and Development Agency of Latvia has recently developed “Relocation Guide to Latvia”, which features all the basics at a glance of moving to Latvia and everyday living. It will help investors, foreign professionals, and Latvian diaspora navigate through the process of moving to Latvia and integrate into the labour market and local culture and community. It includes 3 major sections: “Moving to Latvia”, “Employment and Entrepreneurship”, and “Everyday life".

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New EU Directive on the way
Apr 26

On April 26, members had an opportunity to learn more about a new EU Directive on representative actions for the protection of the collective interests of customers - Collective Redress. It will grant consumers' across the EU broader opportunities for the collective defense of their rights. AmCham EU offered a briefing on Collvective Redress highlighting some of the potential risks identified in the transposition phase.

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Virtual event: Sales Management That Works
Apr 22

Yet another virtual event was held in partnership with Tatarklubben with Harvard Business Review author, sales expert and professor Frank Cespedes who explored the topic - Sales Management That Works.

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New Corporate Governance Code released

Apr 22

At the end of 2020, the Corporate Governance Advisory Board completed its work on the development of the Corporate Governance Code consisting of 17 principles that promote the long-term growth of the company's value, its effective governance and transparency. New series of discussions to promote those principles were introduced this spring by the Finance and Capital Market Commission, the Ministry of Justice and Nasdaq Riga.

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Digital upskilling: lessons learned

Apr 21

In her recent article Dr. Renate Strazdina explores on one of the most topical issues for the labor market today - the importance of digital upskilling and shares key takeaways from implementing the Baltic Digital Skills Development Program. Read more HERE

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Facebook joins AmCham

Apr 16

Facebook, American company offering online social networking services, has recently joined the Chamber. Founded in 2004, Facebook's mission is to give people the power to build community and bring the world closer together. People use Facebook's apps and technologies to connect with friends and family, find communities and grow businesses. A warm welcome to our new member!

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How to accelerate FDI in times of pandemic
Apr 09

On April 9, members met with Kaspars Rozkalns, Director of the Investment and Development Agency of Latvia who outlined main LIAA areas of activity for facilitating foreign investment as well as for increasing export and competitiveness of Latvian companies: green corridor to enable new investment, incentives for investors with funds for staff training, R&D and RRF facility for economic transformation, grants and loan programs to support export growth and grants for SMEs exporting companies.

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Feedback

AmCham and PwC share the same values and targets to achieve socially.

Zlata Elksnina-Zascirinska, Country Managing Partner at PricewaterhouseCoopers

AmCham is a great platform for companies and individuals sharing the same values.

Aigars Milts, Chief Executive Officer of IIZI Brokers