News

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Average gross wage in Latvia grows 10.4% in Q3

01 December 2021

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

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RBS Tuition Waiver For NCCL Members

26 November 2021

Riga Business School offers members of the Norwegian Chamber of Commerce in Latvia a 10% tuition waiver for Professional MBA and Executive MBA programs! Apply by Dec 5, 2021 and begin classes in January 2022!... Read more

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Explore Opportunities to Work at Norwegian Companies in Latvia

25 November 2021

Take a moment and watch presentations from the first online NCCL "job fair", which took place on November 24, engaging Norwegian and Norway-related global service centers that currently employ over 3000 people in Latvia and are open to new qualified job applicants!... Read more

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FICIL Invites to sign up and join their Work Groups

01 November 2021

Please be reminded that as a member of NCCL you are qualified to join any of the Work groups created by the Foreign Investors' Council in Latvia with the aim of developing recommendations and solutions to improve the overall investment climate in the country. FICIL reminds that the upcoming year will be an election year in Latvia and, hence, your input regarding necessary changes in the investment environment would be highly appreciated.... Read more

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Saeima endorses Latvia's 2022 draft budget

26 October 2021

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

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Lentusgruppen joins NCCL as a Gold Member

26 October 2021

Join us in welcoming the Oslo-based investment company Lentusgruppen AS in the NCCL Gold member network! The company has indicated a strong commitment to pursue synergistic and adjacent investment opportunities in the Baltic region i.e. Latvia, Lithuania and Estonia.... Read more

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Linstow Baltic Takes on a New Development Project in Riga City Center

22 October 2021

SEB banka in Latvia has signed an agreement with the developer Linstow Baltic to build and rent a single-tenant office building in the center of Riga, at Ernesta Birznieka-Upīša 2. Preparation works have started already and the preliminary date for the move to the new office is the beginning of 2025.... Read more