24.05.2017

HMS Group signs Rub 2.7 BN contracts for Kursk NPP-2

Moscow, Russia – May 24, 2017 - HMS Group (LSE: HMSG) announces today that it has signed contracts worth 2.7 billion rubles for delivery of pumping equipment for Kursk Nuclear Power Plant Phase II.

The plant is being constructed based on the design by ROSATOM to replace Kursk reactors, which are to be decommissioned. The commissioning of first two reactors within Phase II is planned to be synchronized with the decommissioning of the existing reactors of the plant.

In 2018-2022, the company will deliver 188 pumping units. These safety-significant pumping units, including main feed, auxiliary feed water and condensate pumps, primary cycle emergency cooldown pumps, spray pumps, component cooling water pumps, will be designed according to the projects’ requirements.

For more information, please, contact:

Inna Kelekhsaeva 
Deputy Head of Capital markets 
Tel: +7 (495) 730-66-01 x 1318 
kelekhsaeva@hms.ru
Anna Obotnina 
Head of Marketing communications 
Tel: +7 (495) 730-66-01 x (600) 3304 
obotnina@hms.ru

HMS Group (LSE: HMSG) is the leading pump and compressor manufacturer, as well as 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. HMS Group’s products are mission-critical elements of projects across a diverse range of industries. It has participated in a number of large-scale infrastructure projects in Russia, providing pumps, oil & gas equipment and compressors. HMS Group’s global depositary receipts (“GDRs”) are listed under the symbol “HMSG” on the London Stock Exchange.