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Financial Relationships Between the U.S. and Latvia

Latvian Prime Minister Valdis Dombrovskis has been hard at work promoting American-Latvian relations.

In July, as part of a delegation of government officials, Prime Minister Dombrovskis visited the headquarters of investment firm NCH Capital Inc. He also spoke before an audience of investors, political and economic analysts, and he signaled an interest in creating stronger financial ties between the two countries.

Following up on that meeting, the Prime Minister visited two companies in early September in Latvia that are owned by private equity funds managed by New York-based NCH Capital, which was founded in 1993 by George Rohr and Moris Tabacinic.

He toured GroGlass with company president Nils Veidemanis, NCH’s Riga-based Senior Vice President Karl Cerbulis, and GroGlass Representative Artur Rozkalns. He then met with the Marketing and Technology Development Division Head Inguna Strazdina at Sidrabe and heard about their future goals and plans.

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