NIBE Industrier is an international heating technology company. Operations are organised around three business areas – NIBE Element, NIBE Energy Systems and NIBE Stoves – all united under a shared vision: to create world-class solutions in sustainable energy.
The NIBE Group has more than 5,900 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 Element
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NIBE Element is the market leader in Northern Europe and a leading international manufacturer of components and systems for electric heating applications and for resistors. The market is composed of industrial users and users of components
| Net sales 2010 |
1,759.7 |
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SEKm |
| Growth |
+6.1 |
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% |
| Operating profit |
124.5 |
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SEKm |
| Operating margin |
7.1 |
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% |
| Average number of employees |
3,311 |
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NIBE Energy Systems
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NIBE Energy Systems is a market leader in the Nordic region and holds a leading position in Northern Europe in its main focus areas of heat pumps and electric water heaters for private homes and larger premises. The market is composed of the RMI sector (Renovation, Maintenance, Improvement) and the construction of new homes and other properties.
| Net sales 2010 |
3,725.1 |
|
SEKm |
| Growth |
+13.4 |
|
% |
| Operating profit |
544.7 |
|
SEKm |
| Operating margin |
14.6 |
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% |
| Average number of employees |
1,974 |
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NIBE Stoves
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NIBE Stoves is a market leader in the Nordic region for wood-burning stoves, and in the front rank of leading manufacturers in the rest of Europe. The market is composed of private homeowners in the new and existing housing market and in the holiday homes sector.
| Net sales 2010 |
1,144.2 |
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SEKm
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| Growth |
+21.8 |
|
% |
| Operating profit |
152.8 |
|
Sekm |
| Operating margin |
13.4 |
|
% |
| Average number of employees |
655 |
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