Chamber of Commerce Corner, November 17, 2023


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 [email protected]

Canadian Chamber of Commerce in Hungary (CCCH)

On Nov. 11, the CCCH hosted its 29th Canadian Lobster Dinner. The event was a great success, with countless influential business leaders attending. The lobster was the main star of the event, but many other entertainments contributed to making the dinner memorable. CCCH thanks its sponsors and exhibitors for their support. A portion of the raffle proceeds was donated to the SOS Children’s Villages, helping many children in need. There was also live music and a silent auction. “We take pride in our annual Lobster Dinner because it’s always a great opportunity to connect with people and meet like-minded individuals in the business world. Come and join us next year at our grand 30th-anniversary Lobster Dinner!” a CCCH spokesperson said.

Italian Chamber of Commerce for Hungary (CCIU)

The CCIU extends its most sincere gratitude to the Chamber of Commerce of Cagliari-Oristano for making the B2B Sardinian Food 2023 possible and memorable. The event, organized in cooperation with the Italian Chamber of Commerce for Hungary, represented by President Bernardino Pusceddu, was a remarkable moment for the Sardinian agricultural and food sector and all those who took part. Heartfelt thanks go to the Sardinian companies that participated, showcasing their excellence and sharing their products with operators from around the world. This event represented a significant step for the Sardinian agri-food sector and created Italian and Hungarian connections that we hope will lead to fruitful collaborations in the future. CCIU looks forward to continuing its work to promote and spread the delicacies of Italian food in Hungary.

Hungarian-Norwegian Chamber of Commerce (HNCC)

The HNCC organized a field trip recently for students and teachers of Nydalen Videregående Skole (Oslo) to the Székesfehérvár production facility of Garzon Furniture Factory, a member of the chamber. A group of 25 students had been staying in Hungary under an Erasmus project applied for by the Károlyi Mihály Economic Vocational Secondary School in Budapest, arranging several exciting programs and school visits for the Norwegian guests. The Hungarian students will pay a visit to Oslo in return in March 2024.

French-Hungarian Chamber of Commerce and Industry (CCIFH)

The CCIFH is inviting guests to a large-scale gala celebrating the immense heritage left by Gustave Eiffel 100 years ago. In 1889, the Eiffel Tower was built, the World Exhibition took place in Paris, the Moulin Rouge opened, Montmartre became the cradle of artists and painters, and CCIFH will summon this world. • When: Nov. 25, 6:30 p.m.-2 a.m. • Where: Eiffel Műhelyház, Kőbányai út 30, 1101 Budapest. • Fee: members HUF 45,000; non-members HUF 65,000.

A couple of days later, the CCIFH will hold an event detailing “Inflation Trends in Hungary Over the Past Year and Future Prospects.” The keynote speaker will be Pál Péter Kolozsi, head of department at the National Bank of Hungary. • When: Nov. 28, 9-11:30 a.m. • Where: Párisi Udvar Hotel Budapest, Petőfi Sándor utca 2-4, 1052 Budapest. • Fee: members HUF 18,900; non-members HUF 23,900.

British Chamber of Commerce in Hungary (BCCH)

The BCCH invites guests to join it for one of the best-known and most successful events in the expat calendar, the St. Andrew’s Ball celebrating Scotland’s national day, sponsored by long-standing member Budapest British International School. Experience authentic Scottish entertainment with Craig Weir, one of Scotland’s leading bagpipers, and dance along with the Liam Smith Ceilidh Band. There will be a three-course meal from the Marriott, along with wine, beer and, of course, whisky, courtesy of Diageo. There will also be a charity tombola for the benefit of Tabitha Haz Children’s Hospice, followed by disco hits to keep the dancing going until the early hours. Törley will be the official sparkling wine supplier for the event. • When: Nov. 25, 6 p.m. the professional management of the Széchenyi Card Program • Where: Budapest Marriott Hotel, Apáczai Csere János u. 4, 1052 Budapest. • Cost: HUF 39,000 per person (+ VAT). Dress Code: Black tie or Highland dress

Belgian Business Club in Hungary (Belgabiz)

The Belgian Business Club in Hungary (Belgabiz) and the Netherlands-Hungarian Chamber of Commerce, in cooperation with the Business Council for Sustainable Development in Hungary (BCSDH), will organize a seminar on Tuesday, Nov. 21, in the K&H Auditorium from 4:30 p.m. called “CSRD: Transforming Businesses, Impacting Futures.” This event will delve into the implications and opportunities the Corporate Sustainability Reporting Directive presents as industry looks to shape a more sustainable future. Good practices will also be shared by speakers from businesses, including CBRE Hungary, K&H Group, Puratos Zrt., Atenor Hungary, and Future Potatoe.

The Swiss-Hungarian Chamber of Commerce (Swisscham)

On Nov. 2, Swisscham Hungary members attended an inspiring lecture, “1000-plus Solutions,” by Swiss pioneer and visionary Bertrand Piccard. This event was co-organized by Andrássy University and the Embassy of Switzerland in Hungary. There are two more upcoming events for November. The first is a site visit to the Boxy Fulfillment warehouse, a cutting-edge, robotized warehouse logistics base for webshops and e-traders. This event is organized in the framework of Netzwerk Digital partnership. Registration is open to all. • Where: Boxy Ltd., Zsaróka út 32, 2225 Üllő. • When: Nov. 23, 2-4 p.m. The second is called “Health 2023: Yoga and Better Sleep Workshop.” If you want to know more about the science behind good sleep and are interested in yoga, this workshop is for you. • Where: La Place Studio, 1025 Budapest, Szépvölgyi út 44. • When: Nov. 28, 3-5 p.m.

Joint Venture Association (JVSz)

JVSz recently launched an event series called “Country Ride” to engage the SME sector across Hungary. The second event was held in Pécs involving Baranya, Somogy and Tolna counties, where Minister of Foreign Affairs and Trade Péter Szijjártó was the opening speaker in front of 140 business leaders. These events provide excellent knowledge transfer and networking opportunities. The JVSz board encourages all interested parties to join the next occasion at Kecskemét, where the current energy and sustainability challenges vs. solutions and ESG requirements will be in focus. The opening speaker will be Minister of Energy Csaba Lantos, and the programs of the Ministry of Economic Development and Kavosz Zrt., responsible for the professional management of the Széchenyi Card Program, will also be presented.

German Hungarian Chamber of Industry and Commerce (DUIHK)

Companies face a bundle of external challenges: two serious geopolitical conflicts, continuing uncertainties regarding the energy situation, a weakening economy in China, etc. In addition, there are far-reaching structural transformations, such as e-mobility and artificial intelligence. The DUIHK Business Forum on Dec. 5, 2023, will provide an outlook on the economic environment in Hungary and Germany / Europe in 2024. Our exclusive speakers will talk about this from different perspectives. Minister of Finance Mihály Varga will give the government’s assessments and its economic policy priorities. Dr. Klaus Günter Deutsch, director of research, economic and industrial policy at the Federation of German Industries (BDI), will address the main challenges facing German and European industry. Radovan Jelasity, chairman of the management board of Erste Bank Hungary and president of the Hungarian Bankers Association, will assess the economic outlook in Hungary from a macroeconomic perspective and Dirk Wölfer, head of communications at DUIHK, will report on the mood and expectations of German companies in Hungary.

This article was first published in the Budapest Business Journal print issue of November 17, 2023.

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