| NASDAQ OMX Stockholm: NIBE.B
NIBE Industrier AB is a European heating technology company. Its principal activities are to develop, manufacture and market heating products. The company operates through three segments: NIBE Element, NIBE Heating and NIBE Stoves. The NIBE Element segment develops, manufactures and sells electric tubular heating elements. The products include tubular elements, aluminium elements, foil elements, thick-film elements, PTC elements, high-energy elements, heating cables and ceramic elements. The NIBE Heating segment develops, manufactures and sells electric boilers, water heaters and heat pumps. The products include heat pumps, domestic boilers, water heaters and district heating modules. The NIBE Stoves segment develops, manufactures and sells wood-burning stoves and chimney systems. The products include wood-burning stoves, masonry stoves, cast-iron stoves, tiled stoves and fire inserts. In 2007, the Group acquired Lubcke Rail A/S. NIBE Industrier AB was founded on 1949 at Sösdala, Sweden.