Nbi Bearings Europe, S.A. Reports Earnings Results for the Half Year Ended June 30, 2021
August 03, 2021
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NBI Bearings Europe, S.A. Announced earnings results for the half year ended June 30, 2021. For the half year, the company announced total revenue was EUR 21.728 million compared to EUR 10.498 million a year ago. Net income was EUR 1.024 million compared to net loss of EUR 26,000 a year ago.
NBI Bearings Europe SA is a Spain-based company engaged in the bearings production. The Company focuses on the design, development and manufacture of ball and roller bearings for various applications, such as cranes and offshore machinery; gear boxes; industrial machinery; agricultural equipment; tubular stranders, as well as pulleys and shear blocks. The Company's products range includes single row ball bearings; cylindrical, tapered, spherical and needle roller bearings; support rollers; cam followers, as well as cylindrical and spherical roller thrust bearings. In addition, it provides advisory related to bearing selection and dimensions; technical assistance; as well as tailor-made design, among others. The Company is controlled by Pakel Rmi Promocion de Empresas SL.
NBI BEARINGS EUROPE, S.A. 
