News

From Baltic Ports to Central Asia – INNOVATIVE LOGISTIC LIMITED’s Latvian Branch Joins the Uzbekistan-Latvia Chamber of Commerce Today, successful international trade is impossible without reliable and efficient logistics corridors. This is precisely the field in which INNOVATIVE LOGISTIC LIMITED operates, with its Latvian branch now joining the Uzbekistan-Latvia Chamber of Commerce. The company specializes in international sea, rail, road and multimodal transportation, connecting manufacturers from Europe and the United States with the markets of Uzbekistan and Central Asia. One of the company’s key advantages is the organization of cargo transportation across the Caspian Sea — a strategically important transport corridor that is becoming increasingly significant for the development of trade between Europe and Central Asia. In addition to transporting bulk, containerized, dangerous, heavy and oversized cargo, the company provides comprehensive end-to-end logistics solutions — from route planning and customs formalities to delivery to the final recipient. Its extensive international network of representatives enables the company to offer flexible and reliable solutions to businesses across various industries. As a member of the Uzbekistan-Latvia Chamber of Commerce, INNOVATIVE LOGISTIC LIMITED will have the opportunity to become part of an active business community, establish new business contacts, participate in events, business missions and B2B meetings organized by the Chamber, and benefit from its extensive network of partners in Latvia and Uzbekistan. The Uzbekistan-Latvia Chamber of Commerce, in turn, will continue to actively support the company’s growth by facilitating new business opportunities, helping develop connections with potential partners, and strengthening INNOVATIVE LOGISTIC LIMITED’s presence in the Latvian and Central Asian markets. We are confident that this cooperation will bring value both to the company and to the wider Chamber community, contributing to even stronger economic ties between Latvia and Uzbekistan. Welcome to the Uzbekistan-Latvia Chamber of Commerce, INNOVATIVE LOGISTIC LIMITED!

FORANS Group Joins the Uzbekistan–Latvia Chamber of Commerce Community We are pleased to introduce FORANS Group, a Latvia-based group of companies established in 1998 and specialising in the manufacturing and wholesale distribution of medical products. Today, the company exports its products to approximately 70 countries worldwide, with international experience being one of the key foundations of FORANS Group’s growth. The company develops its own product portfolio and brands, placing particular emphasis on product quality, safety, functionality and professional brand positioning. FORANS Group’s portfolio includes everyday medical care products, medical electronic devices and food supplements. Alongside product quality, the company places strong emphasis on quality management and regulatory compliance, including the requirements of the European Union Medical Device Regulation (MDR). As part of its continued international expansion, FORANS Group is now looking towards the Uzbek market. The company is seeking reliable local partners and aims to establish long-term cooperation, bringing its international experience, product portfolio and Latvia-developed brands to the market. The Uzbekistan–Latvia Chamber of Commerce is pleased to support FORANS Group in this next stage of development by helping establish new business connections and identify cooperation opportunities in Uzbekistan. Welcome to the Uzbekistan–Latvia Chamber of Commerce community, FORANS Group!

Online Meeting Between PwC Latvija and the Uzbekistan Metallurgical Industry Association A successful online meeting organised by the Uzbekistan–Latvia Chamber of Commerce was held between representatives of PwC Latvia and the Uzbekistan Metallurgical Industry Association. During the meeting, the parties discussed key issues relevant to companies operating in Uzbekistan’s metallurgical sector, potential areas of cooperation, and how the expertise of Latvian professionals could support the international development of companies within the industry. At the conclusion of the meeting, the parties agreed to continue their cooperation and organise a PwC Latvia seminar for members of the Uzbekistan Metallurgical Industry Association. The planned seminar will focus on the exchange of professional knowledge and the discussion of issues important to companies in the sector, while also contributing to stronger business relations between Latvia and Uzbekistan. We would like to thank PwC Latvia and the Uzbekistan Metallurgical Industry Association for the productive discussion and their readiness to jointly pursue the next steps in cooperation.

A New Member in the Logistics Sector — SIA “CONCORDE Group” Joins the ULCC Effective international cooperation is not possible without well-organised logistics. We are therefore pleased to welcome SIA “CONCORDE Group” as a member of the Uzbekistan–Latvia Chamber of Commerce. The company operates in the transport and logistics sectors, providing freight transportation and warehousing services. Access to such solutions is particularly important for businesses working with international partners, managing regular deliveries or planning to expand into new markets. The warehousing capabilities of SIA “CONCORDE Group” allow clients to combine the storage of goods with their onward transportation, adapting the logistics process to specific business needs. This helps companies organise deliveries more efficiently and reduce the complexities associated with working with several separate service providers. Membership in the Chamber provides the company with opportunities to expand its network, connect with potential clients and business partners in Uzbekistan, and participate in business meetings, visits and other cooperation initiatives organised by the ULCC. The membership of SIA “CONCORDE Group” also creates new opportunities for other Chamber members seeking a reliable partner for freight transportation, warehousing and delivery management. The company’s practical experience will be a valuable contribution to the work of the ULCC, supporting closer and more results-oriented business cooperation between Latvia and Uzbekistan.

AS “Industra Bank” Joins the Uzbekistan–Latvia Chamber of Commerce The Uzbekistan–Latvia Chamber of Commerce is pleased to welcome AS “Industra Bank” as a new member — a bank that provides financial solutions for businesses and supports their development. AS “Industra Bank” is a credit institution founded by local entrepreneurs, providing companies with everyday financial services, payment solutions, financing and other banking services. The bank’s operations are based on a practical understanding of business and an individual approach to cooperation with its clients. The bank’s membership strengthens the Chamber’s expertise in financial and business support matters, while creating new opportunities to promote secure and effective economic cooperation between Latvian and Uzbek companies. Convenient payment services, suitable financing solutions and a reliable financial partner play an important role in the development of international trade. The experience of AS “Industra Bank” in working with businesses will be a valuable addition to the Chamber’s professional environment and will help increase awareness of the financial solutions required for business growth and cross-border cooperation. Membership in the Uzbekistan–Latvia Chamber of Commerce provides AS “Industra Bank” with the opportunity to: establish contacts with Latvian and Uzbek entrepreneurs, exporters, importers and investors; participate in business forums, trade missions, B2B meetings and other international cooperation events; introduce the Chamber’s members and cooperation partners to financial and payment solutions available to businesses; participate in discussions on business financing, investment attraction and the development of international transactions; promote the establishment of new cooperation projects and business contacts between Latvia and Uzbekistan. The membership of AS “Industra Bank” broadens the range of sectors represented within the Chamber and strengthens the presence of the financial sector in its professional community. We look forward to successful cooperation; valuable exchanges of experience and joint initiatives aimed at strengthening economic relations between Latvia and Uzbekistan.

SIA “P&B Terminal” joins the Uzbekistan–Latvia Chamber of Commerce SIA “P&B Terminal” has joined the Uzbekistan–Latvia Chamber of Commerce – a company operating in the fields of transport, logistics and cargo handling. This cooperation broadens the range of industries represented within the Chamber and strengthens its expertise in matters related to international transportation, transit and the development of trade flows between Latvia, Uzbekistan and other Central Asian markets. SIA “P&B Terminal” provides logistics solutions, including cargo handling and storage, container services, freight forwarding and customs services, as well as the organisation of sea, rail and multimodal transportation. The company’s professional experience and location within a strategically important transport hub create favourable conditions for the implementation of new cooperation projects, the development of logistics routes and more efficient movement of goods between the Baltic States and Central Asia. Membership in the Chamber provides SIA “P&B Terminal” with the opportunity to: establish new contacts with Uzbek exporters, importers, manufacturers and logistics companies; participate in business forums, trade missions, B2B meetings and other international cooperation events; receive support in identifying potential business partners and establishing communication; present the company’s terminal services, logistics solutions and cargo transportation capabilities to a wider business audience; participate in initiatives aimed at developing new transit corridors and trade flows. SIA “P&B Terminal” will bring valuable experience and expertise to the Chamber’s professional community. We look forward to successful cooperation, new business contacts, and joint projects that strengthen economic relations between Latvia and Uzbekistan.

Latvia–Uzbekistan Business Forum 2026 On May 14, a Uzbekistan–Latvia business conference took place at the premises of the Latvian Chamber of Commerce and Industry, attracting strong interest from entrepreneurs of both countries. The event was organized by the Embassy of the Republic of Uzbekistan in Latvia in cooperation with the Uzbekistan–Latvia Chamber of Commerce. Approximately 50–60 Latvian companies from various industries participated in the conference. The Uzbek delegation included around 18 companies and organizations operating in the fields of agriculture and food production, fresh fruits and vegetables, dried fruits, confectionery, canned products, electrical materials, household appliances, metallurgy, construction, chemical industry, and mineral fertilizer production. During the event, speeches were delivered by the Ambassador of the Republic of Uzbekistan to Latvia Timur Rahmanov, the Honorary Consul of Uzbekistan in Latvia Vladimir Galperin, Chairman of the Exporters Association of Uzbekistan Yorkinjon Malikov, Deputy Chairman of the Board of Trade Development Company Toimas Yakubov, as well as Executive Director of the Uzbekistan–Latvia Chamber of Commerce Rolands Romanovskis. The main focus of the event was delegation presentations, B2B networking, and the establishment of new business contacts between companies from both countries. Following the official part of the event, participants had the opportunity to communicate personally, exchange contacts, and discuss future cooperation opportunities between Latvia and Uzbekistan across various industries.

Uzbekistan continues to leave a strong impression on international businesses visiting the country. Recently, the Uzbekistan–Latvia Chamber of Commerce supported its member company Marine and Logistics Service during a business visit to Uzbekistan by organizing a series of targeted B2B meetings with Uzbek companies and partners. During the visit, company Head of Sales & Marketing Margarita Serebro visited Tashkent, Samarkand, and Bukhara, gaining first-hand insight into the country’s rapidly developing business environment and growing international connectivity. As Margarita Serebro noted: “You read about new infrastructure projects, investments, and industrial development in Uzbekistan, but being there allows you to truly feel the scale and speed of these changes. In many ways, it feels like the country is entering a completely new stage of growth.” The visit also highlighted the growing potential for cooperation between Europe and Central Asia, particularly in trade, logistics, and long-term business partnerships. At the Uzbekistan – Latvia Chamber of Commerce, our goal is not only to create introductions, but to provide practical business support by connecting our members with real companies, real decision-makers, and concrete business opportunities in Uzbekistan. We are proud to help Latvian companies better understand the market, build trusted relationships, and unlock new growth opportunities across the region.

End of 2025: A New Step in Business Cooperation At the end of 2025, an important step was taken to strengthen international business ties – a Memorandum of Understanding (MoU) was signed between PLCC.lv and the Uzbekistan Chamber of Commerce in Latvia. The agreement aims to enhance economic collaboration, support bilateral investments, and expand opportunities for companies from both countries. The partnership provides a foundation for practical cooperation, knowledge exchange, and sustainable development. Special thanks to the Embassy of Uzbekistan in Latvia for their support and assistance in organizing this milestone event.  Connecting markets – creating new opportunities!