Top-tier members meet the President of Latvia

Our Corporate Contributing members had an exclusive opportunity to meet President Levits to hear his vision on the future of Latvia. The President engaged in an open dialogue with members on necessary reforms in the court system, education, healthcare and tax system. The meeting was held in the Thought Leaders Series, a program aiming to exchange views on issues critical for members' businesses and on improving the overall business climate.

Toward a successful transport sector

The Minister of Transport addressed AmCham members on increasing competitiveness and efficiency of the transport sector. The Minister elaborated on a new business model of Latvian Railway, latest developments of Rail Baltica and the improvement of road maintenance.

Nebraska Nice team wins Best Chili 2019

The Nebraska Nice team, represented by Jeffrey Grinvalds and Rita Treija won the title of Best Chili in Riga 2019 for Husker Heatwave chili. Asked what made their chili stand out, Jeffrey admitted their secret ingredient was "love". The Rūna team received the most votes from attendees and won the People's Choice Award for the Best Vegan Chili. Nine chili entries were evaluated by an expert jury: chefs Martins Sirmais and Elfa Abike-Skrabane and chili experts Michael Ritchie and Artis Kehris. AmCham Chili Cook-Off is a traditional autumn event, held for the 15th consecutive year.

Keep your business cyber safe

On October 7, members of AmCham and OSAC Riga Council met for a cyber security briefing. Michael Sullivan, Cyber Threat Analyst of the Cyber Threat and Investigations Office at the U.S. State Department offered some practical tips and best practices on major cyber threats and mitigation techniques. The event was organized by the OSAC Riga Council in close cooperation with the U.S. Embassy in Latvia and AmCham.

The future is coming

Our October Busness After Hours, hosted by Bite Latvija, was devoted to the transition to 5G technology. We had an informative presentation with a lively discussion, a chance to take part in an interactive exhibition on technology evolution and an exciting tour around Bite's open office.

Longer and healthier lives for society

At the beginning of October AmCham launched a vision statement on Latvian healthcare. Better patient outcomes and longer life expectancy are the ultimate goals of our shared vision resulting in an enriched and more productive society. The AmCham Healthcare working group presented the vision to the Minister of Health offering to explore new forms of cooperation.

New Members
Welcome Roche Latvija to the Chamber

Roche Latvija, a leader in science-focused healthcare and the world's largest biotechnology company, has joined the Chamber as a Corporate Contributing member. We warmly welcome them to the Chamber!

Medtronic joins AmCham

Medtronic, medical technology leader, has joined the Chamber as a Corporate member. Making healthcare better is the priority for Medtronic believing that medical technology can play an even greater role in improving people's lives.

Eversheds Sutherland Bitans celebrates 20 years in Latvia

This month our Corporate Contributing member Eversheds Sutherland Bitans celebrated its 20th Anniversary in Latvia! Watch some highlights from the celebration here Congratulations on your accomplishments and successes!

Luminor Investor now available in Baltics

Luminor bank is bringing the first investment platform in the Baltics aimed at making investment accessible to common households. With Luminor Investor you can invest in more than 13 000 instruments including stocks, bonds, exchange traded funds and mutual funds. Do it anywhere, anytime on any device.

Preparing for the new accounting law

FICIL calls to participate members interested in contributing to the new Accounting Law on February 12. If you would like to join the meeting discussing the draft law, please sign up: here

Success stories
LAAC buys innovative vision correction equipment and invests in employee training

Latvian American Eye Center has invested 1€ million in innovative equipment and further training of eye doctors to serve their patients better. Now patients can choose one of 4 laser correction methods: LASIK, Tran-Epi LASIK or PRK, Femto-LASIK and SMILE.

McDonald's will invest 5.2M EUR

McDonald's, a leading restaurant chain in Latvia through its 25 years of growth in Latvia, plans to continue strengthen its market leadership and invest 5.2€ million in further development and people training and motivation program in the next 3 years.

Wireless air quality monitoring sensor now available on Amazon

Aranet4, an innovative wireless CO2 monitoring solution, designed and manufactured by SAF Tehnika is now available on their website Aranet4 and on Amazon.

Blackstone completes acquisition of €1 billion majority stake in Luminor

On October 1st, Luminor announced the acquisition of a 60% majority stake in the bank by a consortium led by private equity funds managed by Blackstone. The bank’s current owners, Nordea Bank Abp and DNB BANK ASA, will each retain a 20% equity stake.


October 2019


Welcome to our monthly newsletter. October has been a very busy month here at AmCham. We engaged in a discussion with the Minister of Transport about increasing competitiveness of the transport sector. We met with the President of Latvia to discuss reforms necessary for the future development of Latvia. The AmCham Healthcare Working group launched a vision statement on healthcare system and met with the Minister of Health to discuss cooperation. OSAC Riga offered best practices on major cyber risks. Bite Latvija hosted an event for members featuring 5G. We also held our traditional autumn Chili Cook-Off to determine who makes the best chili in town.


Upcoming events


Nov 07, 2019

Storytelling must evolve

from 08:30 till 10:00


Nov 11, 2019

From vision to reality

from 15:30 till 17:00


Nov 12, 2019

Learn, pitch & network

from 18:00 till 21:00


Nov 21, 2019 - Nov 22, 2019

The missing link in our country branding?

from 09:00 till 16:00


Nov 27, 2019

How digitalization is changing insurance industry?

from 18:30 till 21:00


Dec 05, 2019

Kicking off the holiday giving season

from 18:30 till 21:00


Jan 17, 2020

Toward excellence in education

from 12:30 till 15:00


Special Offers


Martin's Day Weekend in Rumene Manor


Sustainability Forum: The Rise of Sustainable Finance


Leadership That Matters by SSE Riga


5G Techritory, the 2nd annual Baltic Sea Region 5G Ecosystem Forum


Reinventing Media Business Forum


Smart City Expo World Congress

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