NIBE Industrier AB Sponsored ADR (NIABY)

Overview

NIBE Industrier AB (publ) is a distinguished entity in the field of manufacturing, marketing, and selling energy-efficient solutions across the globe. With its subsidiaries, it plays a pivotal role in enhancing indoor climate comfort and provides advanced components and solutions for intelligent heating and control. The company boasts a rich heritage dating back to 1949, with its headquarters nestled in Markaryd, Sweden. NIBE's operations are segmented into three dedicated business areas: NIBE Climate Solutions, NIBE Element, and NIBE Stoves, each catering to a specific segment of the market ranging from residential to commercial and industrial applications. Serving a wide geographical area including Nordic countries, the rest of Europe, North America, and other international markets, NIBE Industrier AB is committed to sustainability and innovation in its domain.

Products and Services

NIBE's diverse product and service offerings are structured across three business areas, meeting various energy efficiency and indoor climate needs:

• NIBE Climate Solutions: This division focuses on products ensuring indoor climate comfort such as heat pumps, ventilation products and air conditioning, climate control systems, water heaters, accumulator tanks, district heating products, PV panels, domestic boilers, as well as commercial washing machines and tumble dryers. These are designed for usage in homes, apartment blocks, hotels, hospitals, and commercial properties.
• NIBE Element: Known for its vast range of components and solutions for heating and control, this segment includes tubular, aluminum, foil, thick film, PTC (Positive Temperature Coefficient), high-power, and ceramic elements. Additionally, it offers open spirals and tapes, heating cables and jackets, vacuum brazing, heat pump technology, resistors, heat exchangers, temperature sensors, flexible hoses, and control equipment. These products find applications in domestic and household appliances, commercial products, professional kitchens, sectors of energy, transport, advanced technology, medicine, and aviation as well as industrial projects.
• NIBE Stoves: Specializing in the warmth and aesthetics of indoor environments, NIBE Stoves offers free-standing, wood-burning, gas, and electric stoves along with heat-retaining products and chimney systems. The range also includes an assortment of accessories, catering to those looking for reliable and stylish heating solutions for their living spaces.