Our Chronicle

Two decades of excellence in equity research, conferences, and roadshows across Europe and beyond

2003
2003

Foundation

Foundation of Dr. Kalliwoda Research in the Westend of Frankfurt am Main, Unterlindau street with focus on Software-IT-Logistics and Semiconductor Research. After about 6 years of analysis experience with German (Frankfurt/Main) and especially Swiss banks and investment companies (Zurich) it was a good time to found my company.

2004
2004

First Roadshows

Start with roadshows with board members at institutional investors in Germany.

2005
2005 2005 2005 2005

European Expansion

Start with roadshow with board members at institutional investors in Denmark, Switzerland, Austria, Luxembourg and the United Kingdom. Expansion Coverage: Media, Energy, Raw Materials and Technology.

2006
2006 2006 2006 2006

Global Reach

Start with roadshows in Norway, Sweden, France, Spain, Belgium and Hungary. Acquisition of large customers from Germany, Canada, USA, China. Analyst team: 5 analysts. First TV appearance. Due diligence in the "diamond birthplace" Kimberley.

2007
2007 2007 2007 2007

Milestone Roadshows

Performance of our 20th Roadshow in Zurich and 5th Roadshow in London.

2008
2008 2008 2008 2008

GmbH Formation

Conversion to Dr. Kalliwoda Research GmbH. First Fieldtrips to Poland: Warsaw, Poznań, Katowice, Krakow. Roadshow with Chinese companies in Frankfurt and Beijing.

2009
2009 2009 2009 2009

Record Year

Roadshow record: 20 roadshow days in Europe with a stock company in a year.

2010
2010 2010 2010

Team Growth

Analyst team: 8 analysts; Roadshows in Warsaw. Moving to a larger office from Unterlindau to Ruesterstrasse (Frankfurt/Westend).

2011
2011 2011 2011 2011

BMW Coverage

Start Coverage BMW AG; Roadshow with DANSKE Bank in Germany, Austria and Switzerland. First analyst in Warsaw.

2012
2012 2012 2012 2012

China & First Conference

First visit to Automotive Analyst meeting in China Shenyang and Beijing. First Kalliwoda conference in Warsaw; Talanx AG as the largest participant.

2013
2013 2013 2013 2013

New Office

Organization of Speeddating for Deutsche Börse AG at Deutsche Eigenkapitalforum. Move to Arndstraße 47 (Frankfurt/Westend) - a listed building.

2014
2014 2014 2014 2014

Italian Market

First Italian customers; First fund event in Frankfurt Hotel Hessischer Hof; Start of Coverage Volkswagen AG.

2015
2015 2015 2015 2015

Brussels & Team Growth

First Kalliwoda Capital Markets Conferences in Brussels; Team Membership: 17. First Kalliwoda-Capital-Evenings in our Westend office.

2016
2016 2016 2016 2016

Major Expansion

First conferences in Madrid, Barcelona, Amsterdam and Frankfurt. 17 billion euros Market cap at 8th Warsaw Conference. Roadshow days exceed 500. Visiting clients in New York. Metzler Bank becomes sponsor.

2017
2017 2017 2017 2017

Record Year

9th Warsaw conference with record participation (30 investors, 75 billion EUR market cap). Multiple conferences across Europe. Listed companies with total capitalization of EUR 129 billion - a record!

2018
2018 2018 2018 2018

Lugano & Entertainment

1st Lugano Conference. 11th & 12th Warsaw Conference. Berlinale studies. Bundesliga football events: Hertha BSC and Schalke 04 for bet-at-home.com AG.

2019
2019 2019 2019 2019

Fund Platforms

Road shows for investment fund companies. 12th Warsaw Summer Conference. Roadshows in Budapest - bringing German companies to Hungarian investors and vice versa.

2020
2020 2020 2020 2020

Virtual Transition

Growth in Hungary with 4 companies under coverage. 15th Warsaw Conference on site, 16th virtual. First virtual Latin America conference with 10th Spain conference.

2021
2021

Large Cap Focus

Conferences and roadshows with huge companies (5-62 billion EUR Market-Capitalization). This year mostly online

2022
2022

Return to Office

Mid-day Capital evenings regularly in our Frankfurt Westend-Office with the nice skyline view.

2023
2023

Portugal Roadshow

6th roadshow in Lisbon and Porto! This time with a big Biotech-Company.

2024
2024 2024

Continued Success

Roadshow in Madrid & Barcelona. 23rd Warsaw Capital Markets Conference. Met big investors and Monetary policy experts in Mannheim. Monthly roadshows in Zurich.

2025
2024 2024

Was wir gemacht haben

Roadshow in Madrid & Barcelona. 23rd Warsaw Capital Markets Conference. Met big investors and Monetary policy experts in Mannheim. Monthly roadshows in Zurich.

Subscribe to our newsletter here