17.11.2017

HMS Group signs Rub 4 BN construction contracts

Moscow, Russia – November 17, 2017 - HMS Group (LSE: HMSG) announces today that it has signed two contracts worth c. 4 billion rubles for construction and installation works at clients’ oil & gas facilities in Western Siberia. 

Projects are expected to be completed within a year and a half.

For more information, please contact:

Inna Kelekhsaeva, Deputy Head of Capital markets
Tel: +7 (495) 730-6601, email: capital-markets@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.