Chamber of Commerce Corner, December 15, 2023

Analysis

This regular section of the Budapest Business Journal features news and events from various international business chambers. For further information and to register for specific events, visit the website of the organizing chamber. If you have information for inclusion on this page, send an email in English to Annamária Bálint at annamaria.balint@bbj.hu

Canadian Chamber of Commerce in Hungary (CCCH)

On Dec. 12, the CCCH held its annual reception. The event was an excellent end-of-year celebration and was a great success, with many influential business people attending, the chamber said. It would like to thank everyone who attended. “To our new members, thank you for your trust; to our long-standing members, thank you for your loyalty; and to our sponsors, thank you for your support. We hope that together, we can continue to organize great events in 2024. Happy holidays and a prosperous New Year!” a CCCH spokesperson told the Budapest Business Journal.

The Netherlands-Hungarian Chamber of Commerce (Dutcham)

The annual Dutcham Christmas Drinks will be held on Dec. 19 from 6-9 p.m. at Crowne

Plaza Hotel, a “cool place” with warm foodand drinks www.dutcham.hu

Joint Venture Association (JVSz)

On Feb. 3, 2024, JVSz will organize one of the most prominent events in Budapest’s business life, the “Companies for the Future Awards” Gala, where six corporate awards will be presented alongside entertainment and networking opportunities. The patron of the event is Minister of Economic Development Márton Nagy. For almost 40 years, JVSz has been honoring medium- and large-sized companies that support the Hungarian economy, society and a sustainable future through their activities.

Belgian Business Club in Hungary (Belgabiz)

Belgabiz members and their friends gathered for the last time this year on Dec. 7 for a cross-cultural beer-tasting event at Taiwan Restaurant. With the expert guidance of the beerporn.hu Beer Magazine, the event featured a delightful fusion of Hungarian and Belgian beers by @Belga Sörmester, perfectly paired with tantalizing Chinese cuisine! A fantastic celebration of diverse flavors and cultures, it was an evening filled with great company and exceptional brews, Belgabiz said.

French Chamber of Commerce in Hungary (CCIFH)

On Nov. 25, the CCIFH hosted its “Eiffel” Gala Dinner. The prestigious full-house event celebrated the immense heritage left by Gustave Eiffel: a century ago, a French architectural marvel was born that defied the limits of possibilities and captured the imagination of the whole world: the Eiffel Tower. The symbol of progress and boldness has become an icon of Paris and a universal symbol of France. President of Hungary Katalin Novák was the guest of honor. Mrs Myriam Larnaudie-Eiffel, president of the association run by Gustave Eiffel’s descendants and his great-great-granddaughter, also attended and supported the event. Entertainment and live music evoked the remarkable era of Eiffel: in 1889, the Eiffel Tower was built, the Moulin Rouge opened, Montmartre became the cradle of artists and painters, and Bizet composed Carmen. CCIFH thanks its sponsors and exhibitors for their support.

Swiss-Hungarian Chamber of Commerce (Swisscham)

Swisscham Hungary would like to thank its members and partners for a successful year and wish everyone a happy and peaceful holiday season. Stay tuned to our events in 2024!

Italian Chamber of Commerce for Hungary (CCIU)

On Dec. 7, took place the magnificent Christmas Gala of the Italian Chamber of Commerce for Hungary. A special thank the Italian Ambassador in Budapest, S.E. Manuel Jacoangeli, for his support on this remarkable occasion along with the new Consul Diego Randazzo, Giovanna Chiappini Carpena, director of the Italian Trade Agency, Péter Garai, of Adria Port and the representatives of numerous Hungarian Chambers of Commerce.

CIB Bank Zrt. was awarded for its commitment and dedication towards the CCIU and great support. A heartfelt thanks goes to our sponsors, DAB Pumps Hungary Kft., Pirelli Kft., SIAD, Beghelli, Kometa 99 Zrt., Ferrero Kft., Balli Vini, San Benedetto Group, Lucart Kft., Burrata Mozzarella Kft., Italian Excellence, O Bag Hungary, Marlù Kft. who made the event possible!

We are grateful to the CCIU Members, Institution representatives of Confindustria Hungary, Comites Hungary, Confimprese Hungary who joined us for this special celebration - a fantastic evening of networking and holiday greetings in a truly unique and unforgettable experience.

German-Hungarian Chamber of Industry and Commerce (DUIHK)

2024 will be a year of economic recovery, according to the expectations of Radovan Jelasity, CEO of Erste Bank Hungary and president of the Hungarian Banking Association, and Deputy State Secretary Gábor Szőcs of the Hungarian Ministry of Finance. Both spoke at this year’s DUIHK economic forum on Dec. 5. In his remarks, DUIHK vice president Markus Hilken, managing director of SAP Hungary, noted that the past four years have probably been the most difficult in recent decades for the Hungarian, German and European economies as a whole. In addition, companies in many sectors also had to cope with far-reaching structural and technological transformations, such as the reorganization of energy systems, changes to the automotive industry and the penetration of artificial intelligence into almost all areas. Klaus Günter Deutsch, director of research and economic and industrial policy at the Federation of German Industries (BDI), who sees only very weak growth prospects for Germany in the coming year, joined the event from Berlin. Dirk Wölfer, head of communications at the DUIHK, presented the chamber’s latest economic survey, which revealed a very subdued business climate among German companies in Hungary.

This article was first published in the Budapest Business Journal print issue of December 15, 2023.

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