The historical development of chemically electrodes is briefly outlined. Following recent trends, the manufacturing of modified electrodes is reviewed with emphasis on the more recent methods of electrochemical polymerization and on new ion exchanging materials. Surface derivatized electrodes are not treated in detail. The catalysis of electrochemical reactions is treated from the view of theory and of practical application. Promising experimental results are given in detail. Finally, recent advances of chemically modified electrodes in sensor techniques and in the construction of molecular electronics are given.