HMS Group

HMS Group is the leading pump and compressor manufacturer as well as the provider of flow control solutions and related services to the oil and gas, nuclear and thermal power generation and water utility sectors in Russia and the CIS. Since being founded as a pump trading and servicing company in 1993, and under the continuing leadership of its founders, German Tsoy, Artem Molchanov and Kirill Molchanov, HMS Group has developed into a vertically integrated provider of a broad range of flow control solutions to the oil and gas, power generation and water utility sectors in Russia and the CIS supported by a strong research & development base. The Company has grown through organic and acquisitive growth. In February 2011, HMS Group completed an initial public offering of global depositary receipts (GDRs) on the London Stock Exchange, resulted in an aggregate gross proceeds of US$ 360 mn and a post-IPO equity value for the Company of US$ 967 mn. HMS Group is one of a few Russian companies which managed to complete the offering successfully in 2011. Ticker: LSE (HSMG) ISIN: US40425X2099