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 700 MEUR and the Norwegian Chamber has over 100 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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Tender for Innovation Norway Associated Consultant in Estonia, Latvia, Lithuania won by GatewayBalti

The tender for Innovation Norway Associated Consultant in Estonia, Latvia, Lithuania was won by GatewayBaltic. Following the new strategy of Innovation Norway, they will focus on funding green business development via Norway Grants and innovation cooperation with the Baltics and no longer offers consultancy services in the Baltics. We congratulate Inese Andersone and her team with the contract... Read more >

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Orkla Confectionery & Snacks making multi-million investment in new production facility

Orkla Confectionery & Snacks Latvija has announced they will make a multi-million investment in the construction of a new, modern, multi-functional production facility in Latvia, ensuring more modern and efficient production, stable product quality, more effective logistics and better working conditions for employees. This investment will supplement the more than EUR 10+ million already invested by Orkla in their Latvian confectionery and snacks business over the last two years, thereby making it one of the largest investments in the food industry in Latvia... Read more >

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We welcome 2 new members

We warmly welcome Neptun Tecofa, leading manufacturer of PP, PVC, PU, paper and cardboard products and co-owner of a production facility operating in Daugavpils, Latvia and Termex, delivering technical building maintenance and engineering system management services to several Norwegian owned properties, as new members of the Norwegian Chamber of Commerce.  .. Read more >

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Innovation Norway presents new international presence strategy: focus on Norway Grants in Baltics

After a comprehensive review of Innovation Norway's international presence it was announced on January 16 that Innovation Norway will establish new offices in Germany and the Middle East (Dubai), as well as further strengthening several of the offices in markets that are identified as important by Norwegian industry and commerce. It is also decided that the offices in Turkey, Malaysia, St.Petersburg and Tallinn will be closed for export consulting, although Tallinn will continue to be involved in coordinating the EEA Norway Grants.  See the full press release in Norwegian .. Read more >

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Opening the Norwegian Presidency of the Nordic Council of Ministers 2017

January 10, the Norwegian Embassy hosted a Reception to mark the Norwegian Presidency of the Nordic Council of Ministers 2017 and to welcome the new acting Director of the NCM Office in Latvia, Christer Haglund, who also serves as the Head of the Nordic Council of Ministers’ Office in Estonia.  NCM has also announced the vacancies for new Heads of the offices in Riga and Vilnius. .. Read more >

letaNews

Latvia’s economy to grow 2.8% in 2017, 3% in 2018 – European Commission

Latvia’s economy might grow 2.8 percent this year and 3 percent next year,  according to the European Commission’s report 2017 European Semester. The report says that Latvia’s unemployment level this year will be 9.5 percent and in 2018 it will shrink to 9 percent.Valdis Dombrovskis (Unity), the European Commission’s Vice President for the Euro and Social Dialogue, said that Latvia’s economic growth will be promoted by rebound in investments, further increase of consumption and greater dynamics in Latvia’s main export markets... Read more >

Year for Kucinskis' government

The government of Prime Minister Maris Kucinskis (Greens/Farmers) during its first year in the office has seen public protests against its reforms, clumsy last-minute changes in tax bills, long-term procedures looking for heads of state institutions. The inability of partners to reach an agreement on separate cases has laid obstacles to progress of important bills in the parliament. .. Read more >

Investment growth of EUR 17 million

In January of this year, Latvia managed to recover 10 percent of the foreign direct investment (FDI) lost in 2016. In January 2017, foreign investors increased their investments in Latvian companies' capital by EUR 17.35 million, according to a Lursoft survey based on the business register's data. .. Read more >

New head of Latvian tax authority promises new approach to customer service

In an attempt to improve business environment in Latvia, Ilze Cirule, the new director general of the State Revenue Service (VID), has promised that the tax authority will become more customer-friendly.Speaking during a discussion "Businessmen against Corruption" organized by the pro-transparency NGO Delna, Cirule said that the VID together with other public authorities and social partners had set out to create in Latvia business environment where companies would be proud to operate, business could be done with ease, competition would be fair and everyone would be glad to pay taxes... Read more >

DNB, Nordea file notice of merger with Estonian regulator

The Norwegian bank DNB Bank ASA and Nordea Bank AB of Sweden have filed an application with the Estonian Competition Authority to get the merger of their Baltic operations under the joint company Indy AB approved. .. Read more >