News

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Additional EUR 197.43 million earmarked for support measures in Covid-19 crisis

18 January 2021

The government earmarked additional EUR 197.43 million for support measures in the Covid-19 crisis until the middle of this year, according to the information from the Finance Ministry. EUR 197.43 million have been earmarked to ensure downtime benefits, wage subsidies and current assets of companies stricken by the Covid-19 crisis.... Read more

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NCCL invites Norwegian Investors to Participate in the first Sentiment Index

10 January 2021

The Norwegian Chamber of Commerce in Latvia (NCCL) together with the Royal Norwegian Embassy invites all Norwegian investors in Latvia to participate in the Norwegian Investor Sentiment Index, which is launched to gain an insight about the Norwegian investor outlook towards the investment climate and business environment in Latvia.... Read more

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Snorre Karkkonen Svensson takes a seat on the NCCL Board

10 January 2021

Snorre Karkkonen Svensson, who is the founder and co-owner of the House of Languages has joined the NCCL Board in December 2020, after Lennart Rasmussen-Lagnehag, representing the Nordic Choice Hotels' branch in Latvia, resigned from the NCCL Board member position.... Read more

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Cabinet of Ministers Approves Regulation of Business Development, Innovation and SMEs Programme

08 January 2021

On 7th January 2021, the Cabinet of Ministers approved the regulation of the "Business Development, Innovation and SMEs" Programme of the Norwegian Financial Mechanism 2014-2020. Entrepreneurs will have access to a total of EUR 14,7 million in funding for innovative business development. The Investment and Development Agency of Latvia (LIAA) will be in charge of implementing the Programme.... Read more

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New Requirements for all International Travelers visiting Latvia

08 January 2021

If you are planning to travel to Latvia from abroad, take a note that beginning 15 January, all international arrivals, either by a passenger carrier or private transport, in addition to a filled in Covidpass.lv form, are required to present a negative COVID-19 test taken up to 72 hours, or three days, prior to arriving in Latvia.... Read more

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Latvia's industrial output down 2.3% in 11 months

05 January 2021

In the first 11 months of 2020, Latvia's calendar-adjusted industrial output dropped 2.3 percent at constant prices from the respective period last year, according to the datareleased yesterday by the Central Statistical Bureau (CSB).... Read more