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HMS Group to produce pumping units for Gusinoozersk SDPP.

Hydromashservice, a subsidiary of HMS Group has won a tender by CJSC Energiya-Service (Saint-Petersburg) for production and delivery of pumping units to JSC WGC-3 branch – Gusinoozersk SDPP (Buryat Republic). The units are delivered within the scope of works carried out by the Customer to re-equip the power unit N4 of the SDPP with the capacity of 210 MW.

The equipment will be produced by Group`s subsidiaries – Nasosenergomash Sumy and HMS Pumps. According to the contract Hydromashservice will deliver the feed pumps of PE type and condensate pumps of KsV and KsD types.

JSC WGC-3 is the key customer for HMS Group. Pumping equipment produced by HMS Group subsidiaries were delivered to the following branches of WGS-3: Kharanor, Cherepets and Kostroma SDPPs.

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 23.1 billion, adjusted EBITDA of RUB 3.5 billion and profit for the year of RUB 1.6 billion for the full year of 2010. The HMS Group’s global depositary receipts (“GDRs”) are listed under the symbol “HMSG” on the London Stock Exchange.

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