About Us
CEO & Founder
CEFA/DVFA-Analyst, Dr. Dipl.-Kfm. (University of Frankfurt/M.), PhD in Economics (University of Frankfurt/M.)
Sectors: IT & Software, (Special) Mechanical Engineering, Raw Materials
Email: nk@kalliwoda.com
Dr. Norbert Kalliwoda is the founder and CEO of DR. KALLIWODA RESEARCH GmbH. Holding a PhD in Economics from the University of Frankfurt, he was awarded a federal scholarship for highly gifted doctoral candidates. He is also a Certified European Financial Analyst.
His career includes roles as a sell-side analyst for logistics and tech companies at A&A Actienbank (Frankfurt/Main & Zurich), as well as positions in process management consulting and finance. He also worked as a sales executive at Templeton and as an equity fund manager at DIT/dbi (now Allianz Global Investors).
Dr. Kalliwoda is a recognized voice in the industry, contributing regularly to panel discussions for Deutsche Börse AG and appearing in live TV broadcasts.


Dr. Christoph Piechaczek
Senior Analyst (Dipl.-Biologist, (University Witten-Herdecke, PHD Biology Uni. Witten-Herd.))
Biotech, Pharmaceuticals, Medical Technology

Nina Kalliwoda
Junior Analyst (Universität Heidelberg für Volkswirtschaftslehre und Kunstgeschichte)
Consumer Discretionary, Art, New Technology, Economics

Dr. Heinz Müller
Senior Analyst (Dr. agr., Dipl.-agr. (Agricultural Economics))
Agrochemichals, consumer chemicals, chemicals

Vinoo Mathew
Senior Analyst (T U Ilmenau, M.Sc International Business Economics)
Automotive, Pharma

Michael John
Senior Analyst (Dipl.-Ing.; (Aachen))
Chemicals, Chemical Engineering, Polymer-Compounds, Renewable Energies, Laser/Physics

Dr. Erik Schneider
Senior Analyst (Dipl.-Biologist, (University Witten-Herdecke, PHD Biology Uni. Hamburg))
Biotech, Pharmaceuticals, Medical Technology

Ugurcan Alp
Analyst (Msc School is Berlin School of Business & Innovation Msc Finance and Investment)
Software, Technology, Capital Goods, Renewables, Realestates

Brijesh Lohchania
Senior Analyst (Sharda University, PhD Biotech Candidate & MBA Finance)
Biotechnology, Pharma & Healthcare

Giuseppe Inserra
Analyst (Università degli Studi di Catania, Economics)
Automotive & suppliers, technology

Hellmut Schaarschmidt
Senior Analyst (Dipl.-Geophysicist, (University Göttingen) 23 years ExxonMobil)
Oil, energy, raw materials

Flavian Schmidt
Junior Analyst (EBS Universität für Wirtschaft und Recht, Oestrich-Winkel, Finance)
New Technology, Real Estate


Lukas Thiele
Analyst (Bachelor Business Administration, Univers. Frankfurt am Main)
Automotive, Technology, IT

Martin Kostovski
Analyst (Frankfurt School of Finance and Management, BSc. focus on Banking and Finance)
Software, Commodities


Noah Barnekow
Analyst (Frankfurt School of Finance & Management)
Aviation, Automotive, Technology, Sustainability Approach

Luis Parth
Junior Analyst (ETH D-MATH, Hochschule in Zürich, Computational Science and Engineering)
Technology, BioTech and Pharma

Sebastian Krawczyk
Analyst (Warsaw School of Economics, prep. CFA 2)
Quantitative Methods, Automotive, Technology

Vittoria Lou D. Mawis
Office Assistant & Research (University Barcelona)
Real Estate
Dr. Kalliwoda Research Alumni

Anas Rahhal
Analyst (Master Sci., (Univ. Frankfurt/Main; Master International Management, focus in Finance)
Entertainment, Videogames

Christoph Löffel
Analyst (Bachelor Betriebswirtschaftslehre; Universität Mannheim)
Finance, Real Estate

David Schreindorfer
Assistant Professor of Finance at Arizona State University, Tempe, Arizona
Quant. research and administration

Dr. Peter Arendarski
Senior-Analyst, Msc & Ph.D in Finance (Poznan University of Economics); CFA Level 3 Candidate
Technology, Raw Materials, Banks and Insurances, Financial-Modelling (Quant., Buyside)
Presley Evans
Analyst & Frankfurt School of Finance
Healthcare, Technology, Raw Materials

Ignacio Klimowitz Gumpert
Analyst (Pforzheim University of Applied Sciences)
Gaming Entertainment, Fintech, Financial Markets, Commodities, Real Estate

Ilias Chahboune
Analyst (Goethe Uni & Uni of Amsterdam; Economics & Finance)
Consumer, Retail, Real Estate

Isidor Rosenthal
Analyst (Frankfurt School of Finance and Management, BSc. focus on Banking and Finance)
MedTec, Pharma, Consumer-Staples, Defense

Kilian Dreher
Junior-Analyst (University Frankfurt)
Consumer,Retail, Food & Beverages, Fashion

Leonard Schüppler
Junior Analyst (WHU - Otto Beisheim School of Management BSc in International BA/Management, geplanter Abschluss 2021)
Luxury Goods, Consumers, Automotive

Liudmila Trifonova
Analyst (Johannes Gutenberg-Universität Mainz (Business & Economics)
Media, Videogames, Sustainability

Manon Camart
Analyst (MSc in Asset Management from Université Paris X)
Pharma, Luxury Goods, Sustainability

Maria Tumilowicz
Analyst (Bachelor; cand. Master´s of Finance at Warsaw School of Economics)
Quant. Research and Administration

Mark Böttner
Analyst (University of Mannheim)
Renewable Energy, Healthcare, Software and Sustainability Approach

Marta Kifleab
Junior Analyst (University Mainz)
Consumer, Retail, Food & Beverages, Fashion

Olaf B. Köster
Analyst (Diplom-Betriebswirtschaft)
Renewable Energies, Raw Materials

Patrick Bellman
Junior-Analyst (WHU - Otto Beisheim School of Management, Vallendar)
Research and Quantitative Approach

Eike Rabe
Analyst (Frankfurt School of Finance and Management)
Industrials, Technology, Consumer Goods, Blockchain

Sara Prunecchi
Event Manager (Goethe University, Frankfurt am Main, Master Studies Asia Science )
Chief Assistant of CEO

Adrian Proskar
Junior Analyst (Goethe University, Frankfurt am Main, Economics)
Technology, Fertilizers, Commodities

Mina Maier
Junior Analyst (Goethe University, Frankfurt am Main, Economics)
Renewable Energy, Luxury

Leonie Carla Strenz
Junior Analyst (Goethe University, Frankfurt am Main, Economics)
BioTech, New Technology

Witold Konrad Kosinski
Analyst (Warsaw School of Economics, Prep. CFA 2)
Consumer Goods, Trading Companies, Food & Beverages, Technology