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Press-releases

22.06.2017

HMS Group signs Rub 6.3 BN contract

Moscow, Russia – June 22, 2017 - HMS Group (LSE: HMSG) announces today that it has signed a 6.3 billion rubles contract for delivery and installation of oil & gas equipment for one of the largest gas fields in Russia, the next stage of the previously announced contract of 10.2 billion rubles. 

The agreement remains subject to payment of advance by the buyer and further clarification of the scope of the equipment, terms of delivery and certain other conditions.

For more information, please contact:

Inna Kelekhsaeva, Deputy Head of Capital markets, on telephone: +7 (495) 730-6601, or email: kelekhsaeva@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.


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