Founded in 1952 in Markaryd, Sweden, NIBE Industrier AB (publ) is a leading Swedish energy systems and industrial technology company headquartered in Markaryd. The company has grown from a local heating technology business into an international group focused on energy efficiency and reduced carbon emissions. Today, NIBE operates through three business areas—Climate Solutions, Element, and Stoves—and develops, manufactures, and markets a broad range of heating, cooling, ventilation, heat recovery, indoor climate, and intelligent control solutions for residential, commercial, and industrial applications. NIBE is represented in around 40 countries and had an average of 20,500 employees in 2025. For the year ended December 31, 2025, the company reported net sales of SEK 40,841 million, reflecting its position as one of the Nordic region’s most significant companies supporting energy efficiency, electrification, and the transition to more sustainable building technologies.
Updated 2026-03-20