13.07.2011

HMS Group delivers pumping equipment for Jindal Steel & Power

HYDROMASHSERVICE Ukraine, a subsidiary of HMS Group, has completed the delivery of electro pumping unit APE 270-150-4 for Jindal Steel & Power Ltd (India).

This pumping unit is produced by Nasosenergomash, a subsidiary of HMS Group and will be used in rolling process of the company.

Jindal Steel & Power Ltd. (JSPL), a subsidiary of Jindal Organisation is one of the major producers of steel and electric power in India. HMS Group has been successfully cooperated with JSPL starting from 2005.

The HMS Group is the leading pump manufacturer and provider of flow control solutions and related services to the oil and gas, nuclear and thermal power generation and water utilities sectors in Russia and the CIS. The HMS Group’s products are mission-critical elements of projects across a diverse range of industries. The Group reported revenues of RUB 7.1 billion, adjusted EBITDA of RUB 1.6 billion and profit for the period of RUB 1 billion for the three months ended March 31, 2011. The HMS Group’s global depositary receipts (“GDRs”) are listed under the symbol “HMSG” on the London Stock Exchange.