Be Part of Something Bigger

 

Learn How We Do It

New York City skyline.jpg

Upcoming events



Programs 


Baltic Talents to US Businesses

Are you interested in Baltic States interns from leading universities? Interns costs will be covered by scholarships for up to 12 months. Ask Us Here.

Office Space in NYC

Traditional? Virtual? Tell Us What You Need!


BALTIC NY ACCELERATOR

Do you dream of taking your company global? Baltic New York Accelerator can help you get there. Check out here.

Highlights


Estonia: Profit of Baltic Horizon Fund up 29% on year in Q1

BC, Tallinn | May 19, 2019

The net profit of real estate fund Baltic Horizon Fund totaled 2.17 mln euros in the first quarter of 2019, marking a year-over-year increase of 29%.

Continue to article

Money laundering shifting away from tax havens to US, UK shell structures

ERR News | May 18, 2019

Journalist and kleptocracy expert, Oliver Bullough, said at the 2019 Lennart Meri Conference on Saturday that in money laundering, the trend has long shifted away from tax havens toward shell companies, predominantly in the United States and the United Kingdom.

Continue to article

The Wall Street Blockchain Alliance Responds to SECs Digital Asset Guidance. Applauds Commission’s Effort While Stating the Guidance Raises New Questions

CrowdFund Insider | May 17, 2019

Continue to article

European Space Agency opens Estonian satellite data center in Tallinn

BC, Tallinn | May 17, 2019

The data center named ESTHub helps technology companies obtain and process more quickly remote sensing data obtained from space, spokespeople for the Estonian Ministry of Economic Affairs and Communications said. 

Continue to article

Tallinn to Riga in under two hours, promises Rail Baltica

ERR News | May 16, 2019

According to the initial schedule for the planned Rail Baltica railway, which is expected to be completed by 2026, high-speed trains will depart Tallinn for points south four times per day, reaching Central Riga in one hour and 42 minutes at a cost of €38 per ticket.

Continue to article

Estonia: Finnish SOK group planning 2 new hotels in Tallinn

BC, Tallinn | May 16, 2019

The Finnish retail group SOK, which owns the Prisma Peremarket retail chain and Sokos Hotel Viru, is planning to build two new hotels in Tallinn.

Continue to article

The state of tech in New York City

City & State New York | May 15, 2019

Despite the loss of HQ2, New York City is better positioned than Silicon Valley to tackle the challenge of public sector engagement.

Continue to article

HRH The Princess Royal to visit Estonia in May

ERR News | May 15, 2019

Her Royal Highness Anne, The Princess Royal, is to visit Estonia on Thursday, May 30.

Continue to article

Swedbank shareholders nominate Swedish ex-PM chairman of board of directors

TBT | May 14, 2019

The five largest shareholders in Swedbank AB, who also form the Swedbank nomination committee, have proposed to appoint former Swedish prime minister Goran Persson as chairman of the Swedbank board of directors.

Continue to article





Ambassador chosen by Trump might have a positive impact on US-Latvia relations - diplomat

TBT | May 16, 2019

RIGA - Career diplomat John Leslie Carwile, whom President Donald Trump has picked for the United States’ next ambassador to Latvia, might have a positive impact on US-Latvia relations, Latvia’s former ambassador to the US and current Ambassador to Russia Maris Riekstins.

Continue to article

Citadele Index: for the first time business owners have a positive view on taxes

TBT | May 16, 2019

Latvian business owners have positively rated the tax payment and administration process. Meanwhile, tax rates are seen as convincingly negative, according to the latest Citadele Index survey of business owners conducted by Citadele Bank and SKDS.

Continue to article

Grindex plans to achieve EUR 300 million in turnover in five years

BC, Riga | May 15, 2019

Latvia’s Grindex pharmaceutical company plans to achieve a EUR 300 million turnover in five years.

Continue to article

Spanish duo chosen to design Rail Baltica’s Latvian section

GCR | May 14, 2019

Two Spanish companies, Idom Consulting and Ingeniería y Economía del Transporte (Ineco), have been awarded a €13m contract to design and supervise the Baltic high-speed line in Latvia.

Continue to article

Financial watchdog after meeting with FinCEN does not see problems in implementation of ABLV Bank liquidation

BC, Riga | May 13, 2019

The Finance and Capital Market Commission (FKTK) after meeting with representatives of the Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of the Treasury does not see any obstacles for implementation of the ABLV Bank’s liquidation model.

Continue to article

Latvian bioeconomy: challenges, perspectives and solutions

BC | May 13, 2019

Bioeconomy’s share in Latvian GDP has reached already about 15 per cent. But the sector has huge potentials both in the national structural development and in its regional transformation. And the sector’s role will increase in the future: hence the attention to biomass’ exploration and management, as well as to educational issues in bioeconomy and sustainability policy.

Continue to article



Estonia: Merko signs EUR 5 mln amendment to contract for construction of Vilnius hotel

BC, Vilnius | May 19, 2019

The listed Estonian builder Merko Ehitus is to carry out additional work in the amount of 5 mln euros in the establishment of the Neringa hotel building in Vilnius.

Continue to article

Lithuania to build 3 compensators for grid synchronization with Europe

BC, Vilnius | May 17, 2019

As Lithuania, Latvia and Estonia prepare to synchronize their power grids with the Continental European network, three synchronous compensators are to be built in each of the three Baltic countries to ensure frequency stability.

Continue to article

EBRD invests 30 mln EUR in Baltic green property fund

BC, Vilnius | May 16, 2019

EBRD invests EUR30 mln in Usaldusfond EfTEN Real Estate Fund 4. Fund to support investment in sustainable measures across the Baltic states. First property fund in the region to include climate considerations in its investments.

Continue to article

Lithuania: Smart Energy Fund together with Honda invested in the leading smart battery company Moixa

BC, Vilnius | May 15, 2019

Smart Energy Fund powered by Lietuvos Energija (Lithuanian Energy), and managed by Contrarian Ventures along with Honda, Japanese automobile manufacturer, and other partners invested in Moixa, UK-based company developing smart energy storage devices and virtual power plants technologies.

Continue to article

IKEA starts testing e-trade system in Lithuania

BC, Vilnius | May 15, 2019

Swedish furniture producer and seller IKEA has started testing an e-trade system. At this stage, registered ikea.lt consumers and members of the IKEA FAMILY loyalty program have the possibility to buy online.

Continue to article

Baltic Post to be merged into Lithuanian Post

Delfi | May 10, 2019

Baltic Post, a subsidiary of Lietuvos Pastas (Lithuanian Post), is being merged into the state postal company as part of a reorganization that is planned to be completed in July.

Continue to article

Lithuanian Railways gears up for Rail Baltica development

BC, Vilnius | May 10, 2019

Lithuania's state-run railway company Lietuvos Gelezinkeliai (Lithuanian Railways, LG) is getting ready for further construction of the European standard-gauge railway Rail Baltica. Preparatory works involve the modernization of the section from the Lithuanian-Polish border to Kaunas (Jiesia), the development of the Kaunas railway node and the construction of depots for infrastructure maintenance.

Continue to article




 


The Baltic American Chamber of Commerce (BACC) is a membership based organization for business facilitation between the U.S. and the Baltic States (Estonia, Latvia and Lithuania). 


 

Member Briefings


Screen Shot 2019-05-14 at 1.00.09 AM.png
 

 
Picture1.png

Memberships & Benefits

Are You Still Not With Us? 

 

BACC Patron Members

 
 
 
 
 
 
Picture_1.jpg