FICIL/KPMG study on Readiness of businesses and public sector to implement the European Green Deal

In June 2021, FICIL together with KPMG Latvia published a study on the readiness of businesses and public administration for the European Green Deal. Various foreign investors and local companies participated in the study outlining their approach to sustainability, cooperation among public and private sector to reach green targets as well as the upcoming challenges companies, public sector and society as a whole will face regarding this topic.

Foreign Investors in Latvia on the Impact of Covid-19

On 3 April 2020, Foreign Investors’ Council in Latvia (FICIL) and Stockholm School of Economics in Riga (SSE Riga) launched a report on the impact of Covid-19 crisis on the companies in Latvia to provide the policymakers with information that can contribute to making fair, strategic and evidence-based policies on recovering from the current crisis.

FICIL Sentiment Index

By surveying the viewpoints of the largest investors in Latvia in cooperation with SSE Riga, the aim of the research is to get a valuable insight on the investment climate in Latvia. Companies that have made the decision to invest in Latvia share their analysis of investment climate Latvia, their plans for future investments and their key concerns.

Insolvency Abuse Report

The report is carried out in cooperation with Deloitte. The report analyses the main indicators of insolvency abuse, its impact on the economy and the resulting losses to the society.

The Shadow economy report

The report has been developed in close cooperation among the Foreign Investors’ Council in Latvia (FICIL), researchers from KPMG and the Stockholm School of Economics in Riga (SSER). It is based on qualitative interviews with top management representatives from the largest foreign companies in Latvia who openly share their observations as to why companies in Latvia engage in shadow economy and what systemic issues in the economy does it unveil. The report also provides for specific recommendations for decreasing the shadow economy in Latvia.