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Events & more
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Zinta Jansons becomes President of AmCham
Zinta Jansons of Ellex Klavins was elected as Chair of the Board and President of AmCham Latvia for 2020-2021 at the Board meeting on April 2. Liene Dubava, Roberts Melbardis, Pauls Miklasevics and Ieva Racenaja will serve as Vice Presidents for the next year. Congratulations to the new officers!
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How to stay productive while working from home?
This topic was explored by three inspiring leaders from our member companies: Kristīne Mennika, Head of Corporate Communcations at Citadele Bank, Renate Strazdina, Country Manager of Microsoft Baltics and Janis Paksis, Program and Project Portfolio Lead at Accenture Latvia who shared some tips and tricks how to make distance work under these intense circumstances. Planning stood out as one of key elements for being productive.
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Leadership in times of COVID-19
This Connect with AmCham webinar was held in close cooperation with Bite Latvija. Conscientious behavior, flexibility, empathy and leading by example are qualities of a good leader that have become more important than ever. Leaders at Bite empower their teams by sharing their daily routines, physical and sports activities and accept the right to make mistakes.
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State help for most affected businesses
During this webinar members had the opportunity to learn about the state support instruments, including guarantees for loan repayment holidays, current asset loans and export guarantees that are currently available for businesses affected by the Covid-19 crisis. These programs are administered by ALTUM, whose CEO Reinis Berzins took direct questions from members at the webinar. To view the presentation
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What measures are employers taking?
AmCham members were the first to find out the results of a survey recently conducted by ERDA on HR challenges and opportunities brought by the Covid-19 crisis. Among opportunities respondents mentioned strategic workforce planning, revising existing tools and importance of trainings and communication.
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Legal aspects of remote work
Remote working can be challenging both for employers and employees, therefore our first webinar in Connect with AmCham series examined legal aspects of remote work with expert Iveta Ceple of Ellex Klavins explaining the potential implications for an employer. To view the presentation.
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Marketing in a Turbulent Context
On April 3, members had a chance to join the LIVE stream in cooperation with the Harvard Business Review Press to learn how to market the company in a turbulent context. Mathew Sweezey from Salesforce presented key takeaways from his book The Context Marketing Revolution. To view the full event click here!
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New Members
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Reaton joins the Chamber
Reaton has been importing, manufacturing and marketing food products throughout the Baltics since 1993, and employing over 200 people in Latvia, Lithuania and Estonia. The company represents more than 70 brands with over 4500 products in their portfolio into the market. We warmly welcome them to the Chamber!
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Welcome Kaizen Institute to membership
Kaizen Institute Latvia, the original and premier provider of KAIZEN™ services, has joined the Chamber as a Small Business member. Based on KAIZEN™ methodologies they support clients in their strategic development for a long-term sustainable business. Working as a part of the Northern Europe regional unit, they provide KAIZEN™ services to clients in the Baltic region.
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Advocacy
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AmCham and FICIL call for further work in establishment of the Economic Court
In light of the fact that the Legal Affairs Committee of Saeima during the last week's sitting decided to suspend the Economic Affairs Court before the third reading in the Saeima, AmCham and FICIL issued a joint statement of the importance of enhancing the efficiency and quality of the judiciary by ensuring further specialization of courts and judges in certain categories of cases. Court specialization would allow for effective and qualitative handling cases in complex economic matters. It will be crucial in restoring Latvia’s economy after the COVID-19 crisis and boosting the investor confidence.
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AmCham calls to invest in upskilling and retraining relevant for digital economy
It's time to adjust the skills of the workforce to the new reality of work. The current momentum for the use of digital tools and remote work sets the ground for review how workers are prepared and trained. With this in mind, AmCham proposes to revise the programs available for upskilling and retraining based on the real demand and relevance for a digital economy. AmCham suggests to identify solutions already available for use free of charge that can contribute to this purpose. Furthermore, promoting such skills as creativity, innovation, entrepreneurial mindset and multidisciplinary thinking will allow those who have been furloughed or lost their jobs due to COVID-19 crisis adapt to the transformation and become more resilient. Latvia's post pandemic economic recovery will largely depend on public investments in digitalization, education and upskilling of its workforce.
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In focus: upskilling and remote work
The last two Labor Force work group meetings on April 16 and April 24 were devoted to discussing proposals how to improve the quality and content for upskilling and retraining programs. The work group decided to conduct a survey on legal aspects of remote work among members.
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What's next for Healthcare work group?
During the last work group meeting members reviewed the next steps related to the Oncology data project, organization of work of the work group in 2020 and response to COVID-19. The work group decided to organize a webinar with healthcare professionals on development of potential vaccines for Covid-19.
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Foreign Investors on the Impact of Covid-19
According to the survey conducted by Foreign Investors' Council in Latvia in collaboration with SSE Riga, majority of companies are affected by the Covid-19 crisis and investors affirm the need to make strategic, long-term decisions to minimize the negative implications on the overall business climate in Latvia. To view the full report!
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Member News
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Let's go pink and raise funds for breast cancer patients
Charities and NGO's across the globe are currently experiencing the negative effects of Covid-19, the Pink Train Foundation is no exception, as various planned events have been cancelled or postponed. Therefore they invite all to walk, run, bounce, squat or skateboard a marathon throughout the month of May, to raise funds for breast cancer patients in Latvia. Find out more how to donate!
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SAF Tehnika innovation to help patients & healthcare professionals
The latest innovation of SAF Tehnika - Aranet IoT product for efficient monitoring of human body temperature has already been supplemented and monitoring the patients' temperature at Pauls Stradins Clinical University Hospital. Maybe you know medical clients in need of this? Please see the solution here: Aranet Medical Thermometer
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Exonicus helps hacking the virus
Exonicus team has developed a computer and smart-device simulation program that provides training to medical personnel caring for COVID-19 patients. The next step is to deliver the software to Society in Europe for Simulation Applied to Medicine, American College of Emergency Physicians International Board, and the World Health Organization . In addition, the program has received a donation from the Boris and Ināra Teterev Foundation. Read more
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Riga Office Market Snapshot from CBRE
CBRE Baltics has recently published Riga Office Market Snapshot Q1 2020. In spite of the fact that in March/April a number of offices were crossed over to remote working, rent rates remain stable and office take-up exceeded 13,000 sq. m.
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from 17:00 till 18:00
