News

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The latest FICIL Sentiment Index has been published

16 January 2020

Download and check out the latest Foreign Investors' Council in Latvia Sentiment Index, which captures the foreign investors' outlook towards the investment climate in Latvia, investors' main concerns and plans about future investments.... Read more

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Average annual inflation in Latvia at 2.8% in 2019

13 January 2020

The average annual inflation rate in Latvia last year was 2.8 percent, LETA learned from the Central Statistical Bureau. In December 2019 as compared to November, Latvia recorded a 0.2 percent deflation, while compared to December 2018, the average level of consumer prices rose by 2.3 percent.... Read more

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Unemployment level in Latvia at 6.2% in late 2019

10 January 2020

At the end of 2019, the registered unemployment rate in Latvia was 6.2 percent of the economically active population, up 0.4 percentage points from November 2019, the State Employment Agency informed LETA. At the end of December a total of 57,808 unemployed people were registered with the Employment Agency, up from 53,783 unemployed people registered with the agency at the end of November.... Read more

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Kaspars Rozkalns to head Latvian Investment and Development Agency

08 January 2020

Kaspars Rozkalns, an employee at the Latvian Investment and Development Agency, has won the competition to become the agency's new head, LETA was told at the State Chancellery. The winner of the tender has been approved by Economics Minister Ralfs Nemiro (KPV LV) and is due to take office on January 20.... Read more

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Record number of companies liquidated in Latvia in 2019

06 January 2020

A record number of companies was liquidated in Latvia last year, as Lursoft representatives informed LETA. 23,881 companies were liquidated in Latvia in 2019, which is 3,137 companies or 15.1 percent more than in 2018 when 20,744 companies were liquidated in Latvia.... Read more

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NCCL Team on Christmas Holidays

24 December 2019

NCCL team will be taking holidays from December 24 through January 8, 2020! May you all have wonderful Christmas and a Happy and Prosperous New Year!... Read more

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MEMBER SPECIAL - Celebrate Holidays at Radisson BLU Hotels

05 December 2019

Let's experience this year's most memorable Christmas and New Year celebrations together! Whether you are hosting a big sparkling gala event, corporate party for your colleagues or a more intimate dinner - Radisson BLU hotels have the perfect festive package to meet your needs. ... Read more

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MEMBER SPECIAL - Maska performance at Rumane Manor

29 November 2019

On December 7th, 2019 at Rumene Manor, Hotel Bergs Riga private countryside residence's newly renovated Art & Event Barn; you will have a wonderful opportunity to hear the internationally renowned Latvian mixed choir MASKA.... Read more