All prices at least 15 minutes delayed
MOEX (RUB): 293.00  +1.03%
LSE (USD): 4.00  +0%



HMS Group is nominated for Pump Industry Awards

HMS Group has joined the list of nominees for the Pump Industry Awards, established by British Pump Manufacturers’ Association.

HMS Group was nominated in “Technical Innovation of the Year-Projects” category. The Group was selected based on the results of the project for building a main pumping station in Turkmenistan. The project had strategic importance in terms of infrastructure development. The impressive 126,000m3/h capacity allows supply of highly turbid water from Amu Darya River into the irrigation system. EPC project was carried out in the complicated geotechnical conditions with constant forced dewatering. Launched in February 2011 the station has increased irrigated area by 31,000 hectares and made possible to build potash and cement plants etc.

The accolade is awarded to the pump manufacturer who achieves recognition from contractors or final end users of pump products for their services in areas such as technical expertise and advice, manufacturing and testing facilities, customisation of special needs, clarity of documentation, on-time delivery and customer service.

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 20 billion, adjusted EBITDA of RUB 4.4 billion and profit for the period of RUB 3 billion for the nine months ended September 30, 2011. The HMS Group’s global depositary receipts (“GDRs”) are listed under the symbol “HMSG” on the London Stock Exchange.

Back to the list