NIBE's Annual Reports — A Decade of Partnership

NIBE Industrier AB is a global group listed on Nasdaq Stockholm that develops and manufactures energy-efficient and sustainable climate solutions for all types of properties. For a company operating in international capital markets, linguistic precision in investor communications is not optional — it is essential.

NIBE turned to Fluid Translation just over twelve years ago, seeking a partner who could deliver consistent high quality under time pressure. Assignments encompass everything from annual reports and interim reports to press releases and investor information — all requiring the same exacting standards of financial and technical accuracy. 'We sought a partner who could deliver consistent high quality under time pressure. Fluid has not only met our expectations, but has often exceeded them,' says Birgitta Gustafsson, responsible for group-wide communication at NIBE.

Over the years, the collaboration has evolved in line with NIBE's requirements. When we have the opportunity to follow a client over many years, we learn their tone, terminology, and style in depth. This means we can deliver translations that feel seamless and natural — not translated. 'We value the project managers at Fluid as they understand our processes and our deadlines. This creates invaluable peace of mind when the pace is intense,' says Birgitta Gustafsson.

NIBE reported according to the new ESRS sustainability standards for the first time in 2024 — a major shift that significantly impacted the associated translation work. Fluid Translation's specialist knowledge of CSRD and ESRS frameworks ensured that NIBE's first full ESRS-aligned sustainability report was translated with complete regulatory accuracy, maintaining consistency with NIBE's established term base.

'We see Fluid as a long-term partner. Their expertise and flexibility mean that we can feel secure, regardless of how our needs evolve,' says Birgitta Gustafsson. For Fluid, trust is something one earns and nurtures — and being part of a client's journey for over a decade is something we are incredibly proud of. See also our ETS NORD case study for another example of ESRS-specialist sustainability translation.