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Newsletter

 

Welcome to our monthly Newsletter. May has been extremely busy both in terms of advocacy initiatives and a variety of events. In terms of advocacy, AmCham launched a White paper on Value-based healthcare and a position on a sustainable healthcare financing model. In terms of meetings, we had the opportunity to meet Valdis Dombrovskis, Executive Vice President of the European Commission and discuss topicalities of the EU, including supply chain disruptions, sanctions against Russia and priority areas of the EU-U.S. Trade and Technology Council. This month we also had a chance to organize the Member Focus Lunch to collect members' feedback and once again enjoy our beloved Opera Night. Stay tuned for our upcoming events and feel free to share your company news with us! 

 
 

SAVE THE DATE

 
 
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Jun 02, 2022 (18:30-21:00) - The Baltics region continues strong growth. Read more

 
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Jun 03, 2022 (12:00-14:00) - The world will never be the same. Read more

 
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Jun 13, 2022 (15:00-17:00) - What to consider when entering the U.S. market. Read more

 
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Jun 14, 2022 (16:00-17:00) - Discussing healthcare projects. Read more

 
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Jun 17, 2022 (10:00-12:00) - A view from the EU Parliament. Read more

 
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Jun 20, 2022 - Jun 21, 2022 () - Three Seas Summit & Business Forum. Read more

 

 

Jul 02, 2022 (13:00-16:00) - U.S. Independence Day Celebration. Read more

 

 
 

PAST EVENTS

 
 

Insights on digital innovation and entrepreneurship

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On May 25, AmCham in cooperation with SSE Riga held a panel discussion within the framework of the Wharton global master class “Digital Innovation and Entrepreneurship in the Baltics”. The panel discussion was joined by AmCham members Liga Paulina of Dynatech, Toms Kalderovskis of SAF Tehnika and Kristaps Krafte of Vigo Health. The discussion was followed by networking among members and EMBA and MBA student delegations from the Wharton School, the University of Pennsylvania and the University of Tarty Delta Management School. Read more

Enjoying opera "Don Giovanni" premiere

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On May 19, about 70 members and guests enjoyed the Exclusive Opera Night and the premiere of the opera “Don Giovanni" by Wolfgang Amadeus Mozart with a kick-off reception at Grand Hotel Kempinski Riga. It was a great evening of music, novelty and great company. Opera Night has become one of the key highlight events of AmCham since 2014. Read more

 

Sharing feedback on AmCham activities

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On May 17, a group of 10 AmCham members, representing various industries were invited to the Member Focus Lunch to discuss their businesses and provide feedback on AmCham's activities. During these informal events members – CEOs, executives, directors, or owners – meet with their counterparts from other industries to discuss common issues. Many thanks Ellex Klavins for hosting this event! Read more

Recent EU challenges and priorities

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On May 6, members had an exclusive opportunity to meet Valdis Dombrovskis, Executive Vice President of the European Commission at the Radisson Blu Daugava Hotel. When addressing members he pointed out several topical issues that EU is currently facing such as the geopolitical impact on the supply chain disruptions, sanctions against Russia and their impact on Europe, promotion of EU-U.S. trade investment flows as well as the priority areas of the EU-U.S. Trade and Technology Council. Read more

 

AmChams in Europe meets in Washington DC and Raleigh

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An executive delegation consisting of more than 30 executives and representatives of AmChams in Europe (ACE) joined the annual 2022 U.S. Conference between May 9-13 in Washington D.C., and Raleigh, North Carolina focusing on the transatlantic economy and trade, current political developments, and the Russian-Ukrainian war. In meetings with experts on politics and business, they also discused energy, finance, and digital policies as well as announced the cooperation in the "Empower Her" initiative aiming to uphold the position of women in the economy. Read more

 
 

STAND WITH UKRAINE

 
 

Children Hospital Foundation involves volunteers to help Ukrainians

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Within the framework of the project "Assistance of the Children's Hospital Foundation, involving voluntary human resources to help Ukrainian families with children", Children Hospital Foundation is organizing a donation campaign, as well as involving volunteers to effectively provide and coordinate healthcare, social services and many more. The project is implemented together with the Society Integration Fund and financed by the Society Integration Fund from the state budget. Read more

Care Mobile continues to provide primary medical care to Ukrainian civilians

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Since March 18, Ronald McDonald House Charities Latvija Care Mobile program has been providing primary medical care to Ukraine’s civilians. Over the last 2,5 months, they have provided assistance to over 2500 civilians of Ukraine. In Ukraine, the Care Mobile is manned by a medical team made up of Ukrainian-speaking doctors who provide consultations and therapeutic services to up to 57 people a day. 
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Sheltering 41 Ukrainians in SOS Children's Village houses

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SOS Children's Villages Latvia shelters 41 Ukrainians living in five SOS Village houses (27 children and 14 mothers), 102 families with 169 children living in Riga and Bauska in cooperation with municipalities. The organization provides basic needs as well as psychological support, they help to deal with health, medical care, legal and education issues. Read more

 
 

NEW MEMBERS

 
 

GenMedica Baltic joins membership

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GenMedica Baltic, a leading clinical diagnostics solutions and services provider, has joined the Chamber as a Corporate member. The company's mission is to be the market leader in the supply of scientific and medical equipment, providing high- quality service and modern solutions. A warm welcome to AmCham! Read more

Welcome TalentHub to AmCham

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TalentHub, an up-and-coming talent sourcing and recruiting agency that specializes in IT/Tech Talent Acquisition in the EU and North America, has joined the Chamber as a Corporate member. Their dedicated and agile, quality-focused team strives to deliver the best fit for organizations in the shortest time possible. We are exited to welcome TalentHub to AmCham community! Read more

 

Welcome Iespejama misija

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Iespejama misija, a non-profit organization recruiting and training outstanding university graduates to become inspirational teachers and future leaders, has joined the Chamber as a Non-Profit member. We warmly welcome Iespejama misija to AmCham community. Read more

Michael Thiessmeier joins AmCham

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We are delighted to announce that Michael Thiessmeier, a distinguished security expert with over two decades of experience in cybersecurity and emerging technologies, has joined the Chamber as an Individual member. A warm welcome to AmCham community! Read more

 
 

ADVOCACY

 
 

Calling for sustainable, efficient and equitable healthcare

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On May 11, AmCham released a position calling for sustainable, efficient and equitable healthcare financing model by proposing to align healthcare funding to the EU average to ensure improved patient care and introduce a value-based healthcare financing model and integrated healthcare approach. The AmCham Healthcare work group members presented the position to three Saeima Committees - the Budget and Finance, the Social and Employment Matters and the Sustainable Development - earlier the same day. Read more

White paper on Value-Based Healthcare in Latvia released

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On May 2, AmCham in cooperation with the Institute of Public Health of Riga Stradins University (RSU) released a White paper on Value-based healthcare (VBHC). The launch event included a presentation of the VBHC concept and a discussion among stakeholders. By summarizing best international practices and terminology, the white paper aims to improve the existing model of healthcare delivery and organization. Revisit event presentations and the discussion. Read more

 
 

NEWS

 
 

Edgars Labsvirs steps down from AmCham Board to pursue political ambition

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Edgars Labsvirs, Health Policy and Market Access Manager at Medtronic, has resigned from the positions of Board Member and Healthcare work group Co-Chair for AmCham, effective immediately, to pursue political ambition. As Edgars continues to work in Medtronic, he will remain an active member of AmCham and its Healthcare work group. Read more

EY named Accountancy Firm of the Year 2021

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For the eighth time in the past nine awards, EY is named Mergermarket M&A European Accountancy Firm of the Year 2021. It is a valuable award to all teams across the region for the continued recognition of the long-term value they bring to clients. Read more

 

Betulin pilot plant Betulin Lab of Latvijas Finieris is opened

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On May 5, Latvijas Finieris Group officially opened the first in Latvia and one of the few in Europe the betulin extraction pilot plant Betulin Lab. The pharmaceutical, cosmetics and food industries are just some of the areas where betulin's excellent antibacterial, antioxidant and anti-inflammatory properties could be widely used in the near future. Read more

Ellex recognized as the Baltic law firm of 2022

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On May 5, IFLR Europe Awards 2022 awareded Ellex as the Baltic law firm of the year during the award ceremony that took place at the Biltmore, London. IFLR Europe Awards provide an unrivalled opportunity for the leading firms and individuals behind the most innovative and challenging banking and finance legal work to network, celebrate their success and highlight their accomplishments to their clients and peers. Read more

 

Training to boost your export capacity

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The Latvian Investment and Development Agency of Latvia (LIAA) offers an opportunity to receive funding up to 70 000 EUR for outsourced training or knowledge exchange training at an affiliated company. The application is open from May 30 to June 27 and the training can be implemented until September 30, 2023. Read more

U.S.-EU Joint Statement of the Trade and Technology Council

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On May 15-16, the U.S.-EU Trade and Technology Council held its second ministerial meeting in Paris to agree upon on a range of key issues including export controls, AI, international standards, semiconductor supply chains, IT infrastructure, digital platforms, trade and labor, global food security, and cybersecurity for small and medium-sized businesses. View the statement. Read more

 
 

MEMBER EVENTS

 
 
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COBALT invites to join the Annual Financial and Regulatory Conference Baltic FinReg Summit on June 8, 2022. Read more

 
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Grand Hotel Kempinski Riga invites to Sunday branches served once a month from 12:30 until 16:00. The closest one on June 19, 2022 - Midsummer Brunch.  Read more

 
 

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