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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Foreign Investors’ Council in Latvia Elects New Chairperson of the Board - Julia Sundberg

At the Board meeting of the Foreign Investors’ Council in Latvia (FICIL) on 4th of July 2018 Julia Sundberg from Fortum was elected Chairperson of the FICIL’s Executive Board. In the position, Julia Sundberg will replace the previous chairperson Zlata Elksniņa-Zaščirinska who will continue to serve as a FICIL Board member. .. Read more >

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Welcome to new Silver member Hotel Bergs

We welcome Hotel Bergs as new Silver member. Hotel Bergs is a contemporary chic five-star hotel with 37 large designer suites, a gourmet restaurant with a lovely summer terrace, original artwork, a fitness and wellness center, elegant meeting lounges and a penthouse event space with great city views... Read more >

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Orkla to build a new, modern biscuit factory in Latvia, creating 200 new jobs

Orkla has decided to consolidate its biscuit production in the Group and to build a new biscuit factory in Latvia. This is the largest investment in the food industry in the recent history of Latvia and will create 200 new jobs. It will also be the largest such manufacturing facility in the Baltics and Scandinavia when it starts producing late 2022. The new biscuit factory will be built in Ādaži, next to another new Laima production facility where construction works will start soon. .. Read more >

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Vacancy: Executive Director of the Norwegian Chamber of Commerce in Latvia

It is with regret that we announce that our Executive Director will be moving back to Oslo in August. Please share the job description with potential candidates who could be interested.  Download as PDF file. .. Read more >

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Capsule immuring ceremony of ORIGO and ORIGO ONE

Construction of one of the most ambitious and complicated mixed-use investment projects – the extension of Origo shopping centre and construction of business centre Origo One based on multi-modal transportation hub – has began. Total investments to reach 70 million euros... Read more >

letaNews

Latvia's GDP growth was faster than EU average in Q2 - Eurostat flash estimate

In the second quarter of 2018, Latvia’s gross domestic product grew at a faster rate than the European Union’s economy on average, according to a preliminary flash estimate on 21 of the bloc’s member states released by Eurostat. In the second quarter of 2018, Latvia’s seasonally adjusted GDP grew by 4.2 percent against the respective period last year and Romania’s economic growth was just as strong. .. Read more >

Public sentiment about changes in Latvian economy improving - survey

The public sentiment about changes in the Latvian economy is improving, according to the latest Baltic International Bank Latvian Barometer survey. The survey showed that Latvians were feeling more optimistic about most aspects included in the survey, in particular the changes in the national economy. .. Read more >

Latvian retail sales up 5.6% year-on-year in June

In June 2018, Latvia’s calendar-adjusted retail sales climbed 5.6 percent at constant prices against the same month last year, the Central Statistical Bureau reported. Food retailers saw their sales rise 6.4 percent and non-food retailers’ sales (excluding automotive fuel sales) increased 5.1 percent year-on-year, and sales of automotive fuel rose 4.8 percent... Read more >

Presidents of 13 EU Member States to visit Latvia in September to discuss future of Europe

The 14th informal meeting of the Arraiolos Group will take place in Latvia on September 13-14, 2018, the President’s Chancellery reported. Presidents of 13 European Union (EU) Member States will be meeting in Latvia to discuss the topical issues of Europe. The events will be organized in the Riga Castle and the Rundale Palace... Read more >

1,400 foreign NATO soldiers serve in Latvia at the moment

There are around 1,400 foreign NATO soldiers serving in Latvia at the moment, and the number is expected to further increase. The Canada-led multinational NATO battle group is 1,300 strong. The battle group, stationed at Adazi military base, is made up of Canadian, Albanian, Czech, Italian, Polish, Slovakian, Slovenian and Spanish soldiers. The battalion is supported by different fighting vehicles and tanks, the Defense Ministry's Press Department told LETA... Read more >

Latvian construction costs rise 1.7% in Q2

In the second quarter of 2018, construction costs in Latvia rose 1.7 percent against the first quarter of the year, the Central Statistical Bureau said. Builders' wages climbed 2.9 percent quarter-on-quarter, construction materials rose in price 1.7 percent and operation costs of machinery and equipment grew 1 percent against the first quarter of 2018... Read more >