NIBE Industrier AB engages in the manufacture of products for both household and commercial use. It operates through the following business areas: NIBE Element, NIBE Climate Solutions, and NIBE Stoves. The NIBE Element business area manufactures components and solutions for measuring, controlling, and heating applications. The NIBE Climate Solutions business area offers indoor climate comfort products including heating, cooling, heat recovery, and hot water for homes and apartment blocks. The NIBE Stoves business area consists of stoves, chimney systems, and other accessories. The company was founded in 1989 and is headquartered in Markaryd, Sweden.