Welcome to the Norwegian Chamber of Commerce

NCCL is a non-profit, non-governmental membership based business association for companies with Norwegian-Latvian share capital, management or cooperation. Norway is one of the largest investors in Latvia with over 700 MEUR and the Norwegian Chamber has 110 members. We facilitate professional networking, exchange of experiences, provide relevant information and promote Norwegian companies, competence and business values. Members are invited to 35 annual business and social events with interesting topics, speakers, companies, stakeholders and networking opportunities. Please contact me to hear more about us and the value of membership. The film highligts our investments, industries, companies and experiences in Latvia.  

Our Corporate Members

NCCL News

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LIAA is seeking new Head of LIAA Representation office in Norway

Investment and Development Agency of Latvia is looking for candidates for the new Head of LIAA office in Norway. Perhaps you know someone who would be right for the job? More information about the position here.. Read more >

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The FICIL Sentiment Index 2017 has been published

In the past year, foreign investment in Latvia has increased significantly – in the first nine months of 2017, investments increased to 710 million euros. In comparison to 2016, net flows increased almost 5 times. The report reveals that not only the volume of foreign direct investment has increased, but also the investors’ assessment of the investment environment in Latvia. Issues that requires structural reforms to be solved for many years includes demography and labour availability and quality of higher education. Foreign investors in Latvia are concerned about the frequent changes in the tax system and legislative changes which make it difficult to plan long-term investments (in a time period over 3 years). .. Read more >

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Norway and Latvia signed MOUs for a new period of the EEA and Norway Grants amounting to EUR 102,1 m

On December 14, Norway and Latvia signed MOUs for a new period of the EEA and Norway Grants.  The total financing available to Latvia will be EUR 102.1 million which is by EUR 29.15 million or 40 percent more than during the previous period. Research and innovation, climate and environment are key priority areas. We will also support new initiatives to combat economic crime and will continue cooperation within the correctional services sector. A Civil Society Fund for EUR 8,5 mill. will also be established. .. Read more >

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1590 EUR collected for charity at the Chamber Christmas Party

A generous sum of 1590 EUR was collected at our Christmas Party charity raffle and auction on December 1. The amount will be donated to the Latvian Foster Family Association. The NGO supports families that raise children who have been left without the care of their biological parents so they instead may live within a family environment.  www.labiedriba.lv. Thank you to everyone who bought tickets and/or donated raffle prices!.. Read more >

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Short video on the most significant tax changes as of January 2018

1 January 2018 Latvia introduces new tax laws. COBALT Latvia has made a short informative video of the most significant changes.  .. Read more >

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Representatives from several European royal families, incl Norway, expected to visit Latvia in 2018

In honor of Latvia's centenary celebrations this year, representatives from several European royal families are expected to visit Latvia, Foreign Minister Edgars Rinkevics told LETA. He explained that work is currently underway to organize visits to Latvia by several royal families, including the Dutch royal couple HM King Willem Alexander and HM Queen Maxima, as well as representatives from the Luxembourg, Swedish, Norwegian and British royal families. .. Read more >

Annual inflation in Latvia last year - 2.9%

The annual inflation rate in Latvia was at 2.9 percent last year, according to the Central Statistical Bureau. At the same time, in December 2017, compared to December 2016, the average level of consumer prices rose by 2.2 percent. Prices of goods increased by two percent and prices of services by 2.6 percent... Read more >

Latvian exports of goods up 10.2% in January-November 2017; imports grow 15.2%

During the first 11 months of this year Latvia exported EUR 10.438 billion worth of goods, up 10.2 percent or EUR 967.2 million against the same period last year, while Latvian imports grew 15.2 percent or EUR 1.695 billion to EUR 12.826 billion, according to the latest foreign trade data released today by the Central Statistical Bureau... Read more >

Interferences, omissions in evidence gathering in oligarch case have to be identified - ad hoc commi

It is important to establish any interferences and omissions in the evidence-gathering process during the investigation of the so-called oligarch affair, Inguna Sudraba (For Latvia from the Heart), the chairwoman of the ad hoc parliamentary committee examining the quality of the pre-trial investigation in the said criminal case, told the press after the committee meeting... Read more >