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 640 MEUR and NCCL has 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. You are very welcome to contact me to hear more about NCCL 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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Message from the Board

We were deeply saddened to learn that Petter Skårberg, Chairman of the Board of Sperre Baltic and Board Member of the Norwegian Chamber of Commerce, passed away on September 3, only 62 years old. Petter was a highly respected, experienced and positive person and colleague that will be greatly missed. Our deepest condolences goes to his family, relatives, friends and colleagues. .. Read more >

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Influence by joining the FICIL Working Groups

Signing up for one of the FICIL working groups is your possibility to influence the recommendations FICIL are discussing with the Latvian Government.  Depending on the interest and activity, they will be able to see which sectors and areas to address at the next year’s High Council meeting www.ficil.lv NCCL Members who are interested to participante, please contact the Chamber to register. .. Read more >

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Riga Business School 25th anniversary: Management Inspiration Stories Seminar

October 21, RTU Riga Business School will organize “Management Inspiration Stories” Seminar introducing and recognizing managers who have managed significant development in a range of areas (economy, culture, sports, society, etc.) for Latvia during the last 25 years. Their experience, philosophy and values are essential to inspire and encourage others, particularly young people, to set and achieve ambitious goals.  See the program of the Anniversary – October 21 09:00 - 16:00 http://www.rbs.lv/our-community/rbs-25th-anniversary .. Read more >

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Working Group update: Tourism industry joins forces for a stronger voice

On August 29 the Joint Tourism Working Group of the American, Swedish and Norwegian Chambers of Commerce came together to form a cooperation for a stronger voice in defending industries’ interests. Members of the joint working group discussed the challenges industry faces, reviewed latest updates from the Ministry of Economics and the Latvian Tourism Development Agency and set priorities. The discussion focused mainly on branding and marketing Latvia and improvements needed in the industry educational system. It was agreed to ask to receive the draft of the State tourism marketing strategy in the next few weeks in order to submit concrete recommendations to the Ministry as well as to the Agency... Read more >

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Celebrating 25 years of Nordic-Baltic cooperation

In 2016, we celebrate the 25th Anniversary of the restoration of independence of the three Baltic States and the re-establishment of regular, multifaceted Baltic- Nordic cooperation ties. A quarter of a century is an important milestone calling for reflection and evaluation: How far has the cooperation advanced? What is its track record? What achievements has it yielded? And, perhaps most pertinent of all, where do we want to go from here and how do we envisage our next 25 years together?.. Read more >

letaNews

Saeima endorses increasing Revenue Service employees' salaries

Saeima approved amendments to the Law on Remuneration of Officials and Employees of State and Local Government Authorities in the final reading today to increase salaries for the "key people" at the State Revenue Service. According to the amendments, the salary of the Revenue Service's director general will be EUR 4,030, with the possibility of receiving bonuses for good performance at a level of 60 percent of the monthly salary. At the moment, the Revenue Service head's monthly salary is EUR 2,000 to EUR 3,000... Read more >

Proportion of low-skilled workers in Latvia to be reduced to 20% by 2020

The proportion of low-skill workers in Latvia will be reduced from 31 percent now to 20 percent in 2020, the Employment Council, which is made up of Economics Minister Arvils Aseradens (Unity), Education and Science Minister Karlis Sadurskis (Unity) and Welfare Minister Janis Reirs (Unity), agreed today. At the Employment Council's meeting today, the ministers began a series of discussions about reforms necessary in the labor market. While discussing adult education, global changes that require workers to have new skills and knowledge, the ministers agreed that a flexible adult education system should be created in Latvia that could be quickly adapted to market changes... Read more >

Tallink gives back ferry to Riga

Estonian ferry operator Tallink Grupp will return another ferry to the Riga-Stockholm line. Two years ago Tallink Grupp suddenly moved Romantika, one of the two ferries running on Riga-Stockholm route, to another line... Read more >

Latvia registers smallest increase in salaries and pensions in Baltics in Q2

Latvia registered the smallest increase in pensions and salaries in the Baltics in the second quarter of the year, according to the Central Statistical Bureau. In the second quarter of the year, the gross monthly salary in Estonia was at EUR 1,163, in Latvia - EUR 838, but in Lithuania - EUR 722.  When compared to the second quarter of last year, Lithuania registered the largest increase in the average monthly salary - by 8.1 percent, followed by Estonia - by 7.6 percent, and then Latvia - by 3.3 percent... Read more >

Association of Commercial Banks proposes several measures to foster lending

The Association of Latvian Commercial Banks has prepared and submitted to the Finance Ministry a set of proposals fostering lending. The association suggests to increase lending to business by exempting reinvested profit from corporate tax. The association also suggests to improve application of financial instruments and guarantees and to follow the successful examples of other countries by promoting the development of public-private partnership projects... Read more >

Latvia records fastest economic growth in Baltics: 2.1% in Q2

Latvia's seasonally unadjusted GDP grew by 2.1 percent year-on-year in the second quarter of 2016, according to the data released today by the Central Statistics Bureau (CSB). Gross domestic product growth in Latvia in the second quarter this year was the highest in the Baltics, according to the Central Statistical Bureau's data. Lithuania's GDP grew 1.9 percent and Estonia's 0.6 percent... Read more >