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



Member offer: High5 hours at Skyline Bar

Feeling exhausted after a long day at work? We feel you! Take your favorite colleague by the hand and come to Skyline Bar where you can unwind and enjoy cold drinks for a special price. Receive High5 card after ordering to get a stamp – collect 5 and get a drink on us!.. Read more >


Chairman and Vice Chairman of NCCL elected

The new NCCL Board decided at their first meeting on March 19 to re-elect Alf Erik Lundgrenn (Chairman of Nordic Invest) as Chairman of NCCL and elect Antra Zalite (Chairman of the Board of Visma Enterprise) as Vice-Chairman of NCCL. Read more about the new Board here. .. Read more >


Update from the Annual General Meeting March 6

The meeting was attended by 59 members, either in person or by POA/ proxy votes. The Financial reports and the Budget for 2018 were approved. Membership fees will not increase and the membership invoices will be sent out in the coming weeks. The Board will sign the Financial reports this week. .. Read more >


Welcome to new Gold member La Foca Latvia

We warmly welcome wooden house manufacturing company La Foca Latvia as new Gold member of the Norwegian Chamber of Commerce. .. Read more >


Announcement from the Foreign Investors' Council in Latvia

FICIL is seriously concerned regarding the negative consequences for Latvia caused by allegations of corruption against Latvia’s central bank governor and accusations of money laundering against Latvia’s third biggest bank. This situation creates a serious reputation damage for the country and if not addressed properly endangers both, existing and new investment. Combating all forms of economic crime – corruption, bribery, tax evasion, abuse of insolvency process, money laundering and others – has been in FICIL’s focus already for several years. It is important because the consequences of economic crimes go far beyond financial losses and economic well-being of society and business – it undermines good governance, fairness, democratic institutions and moral foundations of society... Read more >


Latvian exports of goods up 18.1% in January; imports grow 7.9%

During the first month of this year Latvia exported EUR 958.955 million worth of goods, up 18.1 percent or EUR 146.794 million against the same period last year, while Latvian imports grew 7.9 percent or EUR 79.759 million to EUR 1.008 billion, according to the latest foreign trade data released today by the Central Statistical Bureau... Read more >

Saeima calls on Rimšēvičs to step down as Bank of Latvia governor

March 8 Saeima passed a resolution calling for the resignation of Bank of Latvia Governor Ilmārs Rimšēvičs who in currently under investigation for corruption. .. Read more >

Latvian banks still involved in money laundering schemes – U.S.

Partners in the United States have informed the government that Latvian banks are still involved in money laundering schemes, Finance Minister Dana Reizniece-Ozola (Greens/Farmers) told reporters today. The minister today had a meeting with the visiting U.S. Department of Treasury Assistant Secretary for Terrorist Financing Marshall Billingslea to discuss Latvia and the United States' cooperation in the financial sector. .. Read more >

Latvia's GDP up 4.5% in 2017

Data from the Central Statistical Bureau (CSB) shows that in 2017, as compared to 2016, the economic growth continued and Gross Domestic Product (GDP) increased by 4.5 percent. In 2017, GDP at current prices amounted to EUR 26.9 billion, the CSB informed LETA.In the fourth quarter of 2017, as compared to the third quarter, GDP at constant prices grew by 0.3 percent (according to seasonally adjusted data)... Read more >

Average monthly gross wage in Latvia climbs 7.9% in 2017

Last year the average gross monthly wage for full-time work was EUR 926 in Latvia, growing 7.9 percent or EUR 67 against 2016, according to the information from the Central Statistical Bureau. .. Read more >

European Commission wants Baltic countries to reach agreement on Rail Baltica project by March 21

The European Commission has tasked the Baltic countries with reaching agreement on the organization and structure of the Rail Baltica European standard-gauge railroad project by March 21, Estonian radio and television organization ERR reported, referring to the ETV television. It also said the Commission wanted agreement to be reached by March 21 on several specific issues that concerned Estonia, Latvia and Lithuania... Read more >