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 350 MEUR and the Norwegian Chamber has close to 100 members. Members are invited to regular business and social events with interesting topics, speakers, companies, stakeholders and networking opportunities. We facilitate professional networking, exchange of experiences, provide relevant information and promote Norwegian companies, competence and business values. Please contact me to hear more about us and the value of membership!  

Our Corporate Members

NCCL News

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NCCL Meets with Director General of LIAA

On January 21, NCCL Chairman of the Board Matiss Kukainis and Executive Director Ilze Garoza together with the Norwegian Ambassador to Latvia H. E. Kristian Ødegaard and Deputy Head of Mission Jannicke Bain visited the Investment and Development Agency of Latvia (LIAA) and met with LIAA Director General Kaspars Rožkalns and his team members from the Investment Department. .. Read more >

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Explore Kominsure's Trade Insurance Offer

Kominsur Insurance Brokers, which specializes in trade credit insurance, marine, cargo, and property insurance, invites you to have a look at their offer to NCCL members... Read more >

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Open Call in the Responsible Business Ambassadors Program

The 9th CSR Latvia Responsible Business Ambassadors program, designed to cover and address the main aspects pertaining to CSR and sustainability, is open for applications. Deadline to join the programme is February 4th, 2022. .. Read more >

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Changes in taxation, effective as of 1 January, 2022

Grant Thornton Baltic Latvia work team have summarized a series of tax changes that took effect on January 1, 2022. Changes have been made in sectors such as - value added (VAT), personal income (PIT), patent fees, micro-enterprise (MET), vehicle, excise and etc. .. Read more >

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NCCL Delivers gifts to the Crisis Center Namins in Auce

We started out the year by finishing some good deeds from the previous year! Last week, two representatives from the NCCL Harolds Bulmanis and Ilze Garoza together with the Norwegian Ambassador to Latvia Kristian Ødegaard visited the crisis center „Namiņš" in Auce, which operates a soup kitchen and provides safe space for meeting for over 80 kids from underprivileged families. The delegation visited Auce to deliver gifts donated by NCCL members during the most recent NCCL Charity Drive... Read more >

letaNews

Foreign investments in Latvian companies last year reached almost EUR 11.29 billion

Investment of foreign companies and individuals in share capital of Latvian companies last year reached EUR 11.29 billion, according to Lursoft business database. The steep rise was caused by registration of Swedbank Baltics holding in February 2021. .. Read more >

Riga Airport serves 2.35 million passengers in 2021

Operational data on Riga Airport performance show that the number of passengers handled at Riga Airport in 2021 exceeded 2.35 million, which is an increase of 17 percent as compared to 2020. In comparison to 2019, the number of passengers dropped by 70 percent. London, Tallinn, Frankfurt, Kiev and Amsterdam were the most popular destinations from Riga in 2021... Read more >

After arriving at Riga Airport, passengers will be able to take voluntary Covid-19 test

When entering Latvia at Riga International Airport, persons will have the opportunity to take a voluntary Covid-19 test, the government approved on Tuesday. The new requirement will take effect on Thursday, December 2nd... Read more >

Average gross wage in Latvia grows 10.4% in Q3

RIGA, Dec 1 (LETA) - In the third quarter of 2021, the average monthly gross salary in the country for full-time work was EUR 1,280, according to the data of the Central Statistical Bureau (CSB). Compared to the third quarter 2020, the average monthly salary increased by EUR 121 or 10.4 percent, but the hourly wages before taxes - by 4.4 percent - from EUR 8.09 to EUR 8.44... Read more >

Saeima endorses Latvia's 2022 draft budget

The Saeima yesterday endorsed in principle a bill on Latvia's 2022 budget in which consolidated revenue is planned at EUR 10.6 billion, while expenditure is projected at EUR 12.4 billion. Latvia's general government deficit is planned at EUR 1.62 billion, or 4.8 percent of GDP... Read more >

Nontaxable minimum income to be gradually raised to EUR 500 next year

The Saeima on Monday endorsed in principle and gave urgency status to draft amendments to the Personal Income Tax Law, which will raise non-taxable minimum income for working and retired people to EUR 500 in 2022... Read more >