NIBE Industrier AB engages in the manufacturing of products for both household and commercial use. The company is headquartered in Markaryd, Kronoberg and currently employs 20,884 full-time employees. Its operations are organized into three business areas: NIBE Element, which is engaged in the manufacturing of electric heating elements that are used in white goods and industry commercial equipment, as well as heating, control and measurement components and systems of ASKOMA AG, comprises also HT S.p.A.; NIBE Energy Systems, focusing on heat pumps and electric water heaters for private homes and larger premises, and NIBE Stoves, specializing within wood-burning stoves for private homeowners in the new and existing housing market and in the holiday homes sector. Its brands include Contura, Premodul, Nordpeis, Lotus Heating Sustems and TermaTech, among others. The firm is also engaged in the field of heat pumps via Enertech Global Llc, in the area of ventilations systems through the partially owned subsidiary Air Site AB, and with regard to heating solutions through Hotwatt Inc.
Follow-Up Questions
What is the price performance of NIABY stock?
The current price of NIABY is $3.85, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Nibe Industrier AB?
Nibe Industrier AB belongs to Building industry and the sector is Industrials
What is Nibe Industrier AB market cap?
Nibe Industrier AB's current market cap is $6.8B
Is Nibe Industrier AB a buy, sell, or hold?
According to wall street analysts, 17 analysts have made analyst ratings for Nibe Industrier AB, including 2 strong buy, 1 buy, 7 hold, 7 sell, and 2 strong sell
