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FORBES: HMS is a Top-10 Largest Machine-Building Company in Russia

Moscow, Russia – October 6, 2016 - HMS Group (LSE: HMSG) announces today that according to the FORBES 2016 ranking it is among Top-200 Russia’s Largest Private Companies and Top-10 Russia’s Largest Machine-Building Companies.

HMS Group is a newcomer to the 2016 FORBES Top-200. The company ranks No. 182 with revenue growth of 15% year-on-year to Rub 37 billion. While the combined revenue of Top-200 Russia’s Largest Private Companies increased by 13% despite low oil prices, sanctions and slowing consumer demand.

Moreover, Forbes has ranked HMS Group No. 9 Russia’s largest private machine-building company. It is also important to point out that in this ranking HMS Group is the only producer of oil & gas equipment as well as the only LSE-listed company.

Companies are ranked by total revenue for 2015, that totalled Rub 667 billion, down by 19% year-on-year from Rub 825 billion in 2014. Unlike most other participants, HMS is one of the few with growing revenue, that is mirroring the present situation in the agriculture and oil & gas industries where companies are better positioned in the shrinking market.

Forbes: Russia’s Largest Private Machine-Building Companies

Source: Forbes,

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.

For more information, please, contact:

Inna Kelekhsaeva
Deputy Head of Capital markets
Tel: +7 (495) 730-66-01 x 1318
Anna Obotnina
Head of Marketing communications
Tel: +7 (495) 730-66-01 x 3304

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