Business Area Operations

 

NIBE Industrier is an international heating technology company. Operations are organised around three business areas – NIBE Energy Systems, NIBE Element, and NIBE Stoves – all united under a shared vision: to create world-class solutions in sustainable energy.

 

The NIBE Group has more than 8,000 employees and carries out business operations in Europe, North America and Asia. Each business area has its own operational management with responsibility for results. Issues that concern the Group as a whole, such as financing, corporate acquisitions, financial control and HR policy, are coordinated and regulated through the parent, which is a listed company.

 

NIBE Energy Systems


NIBE Energy Systems is a market leader for heat pumps in Europe and one of Europe’s major manufacturers of water heaters and other energy-efficient products for heating and cooling both private homes and larger premises.

Net sales 2011 4,987.7
SEKm
Growth +33.9
%
Operating profit 770.8
SEKm
Operating margin 15.5
%
Average number of employees 2,469

 

 

NIBE ELement


NIBE Element NIBE Element is one of the leading international manufacturers of components and systems for electric heating applications and for resistors.


Net sales 2011 2,124.1
SEKm
Growth +20.7
%
Operating profit 141.3
SEKm
Operating margin 6.7
%
Average number of employees 3,691

 

 

NIBE Stoves


NIBE Stoves is the European market leader in wood-burning stoves. The market comprises new and existing private homes and holiday homes.


Net sales 2011 1,153.0
SEKm
Growth +0.8
%
Operating profit 161.4
Sekm
Operating margin 14.0
%
Average number of employees 729