Software and hardware manufacturer MikroTik has become a member of the Foreign Investors’ Council in Latvia (FICIL).

“We are very excited to join FICIL and to participate in its work groups. One area that we want to work on is the flexibility and effectiveness of the Labour Code, as it is a very important aspect for businesses and investors. We would also like to share our experience in working with the law enforcement agencies, in order to contribute to FICIL’s Anti-Organised Crime work group. Furthermore, we want to collaborate on finding solutions for improved competitiveness of Latvian products and increased transparency in the market,” says Jānis Jankovskis, Head of Sales at MikroTik.

Māris Gruzniņš, Chairperson of the FICIL Executive Board: “MikroTik is an exemplary company in the Latvian market, therefore, we are very glad to see it joining FICIL. MikroTik’s values and their actions to contribute to the overall economy of Latvia match the mission of FICIL. We are looking forward to see MikroTik’s involvement in our work groups, as we are sure that their experience and knowledge will be beneficial in our ongoing dialogue with the Latvian government.”

MikroTik was founded in 1996 to develop routers and wireless ISP systems, and it is currently the largest manufacturing company in Latvia. MikroTik now provides hardware and software for Internet connectivity in most of the countries around the world. Its mission is to make internet technologies faster, more powerful and more accessible. The company is located in Riga, Latvia and has more than 280 employees.

MikroTik is also a significant contributor to a variety of charitable foundations and has supported universities, research initiatives, and hospitals, as well as have launched several projects themselves. Most notably, MikroTik has been active in financing the research of cancer treatments.

FICIL is a non-governmental organisation, which unites 37 largest foreign-owned companies from different industries, 10 foreign trade chambers, the French Foreign Trade Advisors and Stockholm School of Economics in Riga. FICIL’s mission is to use the experience and knowledge of its members to provide recommendations for public sector to improve Latvia’s business environment and competitiveness in attracting foreign investment.