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NIBE Industrier AB (publ) (NDRBF)

Other OTC - Other OTC Delayed Price. Currency in USD
4.72000.0000 (0.00%)
At close: 01:21PM EDT

NIBE Industrier AB (publ)

Järnvägsgatan 40
Markaryd 285 32
Sweden
46 4 33 27 30 00
https://www.nibe.com

Sector(s)Industrials
IndustryBuilding Products & Equipment
Full Time Employees23,100

Key Executives

NameTitlePayExercisedYear Born
Mr. Gerteric LindquistCEO, MD & Director9.04MN/A1951
Mr. Hans BackmanChief Financial OfficerN/AN/A1966
Mr. Fredrik ErlandssonHead of Corporate Communications & Investor RelationsN/AN/A1970
Mr. Niklas GunnarssonHead of Business Area - NIBE StovesN/AN/A1965
Mr. Christer FredrikssonHead of Business Area - NIBE ElementN/AN/A1955
Mr. Kenneth MagnussonChief Sustainability OfficerN/AN/AN/A
Mr. Klas DahlbergHead of Business Area - NIBE Climate SolutionsN/AN/A1964
Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

NIBE Industrier AB (publ), together with its subsidiaries, develops, manufactures, markets, and sells various energy-efficient solutions for indoor climate comfort, and components and solutions for intelligent heating and control in Nordic countries, rest of Europe, North America, and internationally. The company operates through three business areas: NIBE Climate Solutions, NIBE Element, and NIBE Stoves. The NIBE Climate Solutions business area offers indoor climate comfort products, such as heat pumps, ventilation products and air conditioning, climate control systems, water heaters and accumulator tanks, district heating products, PV panels, domestic boilers, commercial washing machines, and tumble dryers for homes, apartment blocks, hotels, hospitals, and commercial properties. The NIBE Element business area provides various components and solutions for heating and control, which include tubular, aluminum, foil, thick film, PTC, high-power, and ceramic elements, as well as open spirals and tapes, heating cables and jackets, vacuum brazing, heat pump technology, resistors, heat exchangers, temperature sensors, flexible hoses, and control equipment to domestic and household appliances; commercial products and professional kitchens; energy; transport; advanced technology; medicine; and aviation sectors, as well as industrial projects sectors. The NIBE Stoves business area offers free-standing, wood-burning, gas, and electric stoves; heat-retaining products; and chimney systems, as well as accessories. NIBE Industrier AB (publ) was founded in 1949 and is headquartered in Markaryd, Sweden.

Corporate Governance

NIBE Industrier AB (publ)’s ISS Governance QualityScore as of April 1, 2024 is 9. The pillar scores are Audit: 5; Board: 10; Shareholder Rights: 9; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.