18.08.2011

HMS Group produces pumping equipment for Krasnodar thermal power plant

“HYDROMASHSERVICE”, a subsidiary of HMS Group, has completed the delivery of pumping equipment in accordance with an agreement signed with E4 Group. The pumping units are required in order to equip the new co generator which is being built by the customer on Krasnodar thermal power.

The pumping units are manufactured by one of HMS Group subsidiaries – Nasosenergomash. The customer will receive the following types of pumping equipment: feed pumps of PE type, condensate pumps of KsB type and main line pumps of SE type.

E4 Group, being a subsidiary of RU-COM, is a full-cycle engineering company and one of the Group`s key clients, which has been receiving various types of pumping equipment from the HMS Group for the past several years. Krasnodar thermal power plant is the base load power plant of Krasnodar region and it supply Krasnodar city and the contiguous areas with electric power. The plant expansion will increase the plant`s capacity by half as well as make it more energy-conserving and environment friendly.

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.