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Press-releases

25.02.2016

HMS Group signs Rub 2.8 bn compressor contract

Moscow, Russia – HMS Group (LSE: HMSG), the leading pump and compressor manufacturer as well as a 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, announces today that it has signed a contract for delivery and installation of a boosting compressor station worth Rub 2.8 bn.

In accordance with the contract, the company will deliver the compressor station on a customer’s site. The station, based on three centrifugal-type compressor units with gas-turbine engines and intended for compression of low-pressure associated gas, will be manufactured by Kazancompressormash and installed at an oil and gas condensate deposit, located in the West Siberia. The project is to be completed by the end of 2016.

HMS Group 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, including providing pumps and modular equipment to the Vankor oil field and pumping stations on recent trunk pipelines projects linking Russia’s core oil producing areas to export ports on the Pacific Ocean and Baltic Sea. HMS Group’s global depositary receipts (“GDRs”) are listed under the symbol “HMSG” on the London Stock Exchange.


For further 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

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