NFO Drives AB (publ), a cleantech company, engages in developing, manufacturing, and selling frequency inverter under the NFO Sinus name in Sweden and internationally. The company's inverter is used to control the speed of electrical motors in machines, fans, pumps, and others. Its products are used in residential and business properties, industries, agriculture and equestrian facilities, warehouses and cold storage, marine, radio and TV studios, university and schools, hospitals, theatres and concert halls, and waterworks and pumphouses, as well as laboratory, testing, and research facilities. NFO Drives AB (publ) was incorporated in 1996 and is based in Karlshamn, Sweden.