HMS Group

The HMS Group is a diversified machine-building and engineering holding company, a manufacturer of pumps, compressors, and oil & gas equipment which production and engineering assets are located in Russia, Ukraine, Belarus, and Germany.[2]

HMS Group
TypePublic
LSE: HMSG
IndustryIndustrial equipment engineering and manufacturing
Founded1993
HeadquartersMoscow, Russia
Key people
Nikolay Yamburenko, Chairman of the Board
Artem Molchanov, CEO Kirill Molchanov, CFO
ProductsPumps, compressors, oil & gas equipment
Revenue$761 million[1] (2017)
$78.1 million[1] (2017)
$35.5 million[1] (2017)
Total assets$829 million[1] (2017)
Total equity$220 million[1] (2017)
Number of employees
15,018
Websitegrouphms.com

The function of chief executive body is carried out through the HMS Group Management Company LLC.

The company's headquarters are located in Moscow, Russia.

Main business activities

Engineering, manufacturing, and complex procurement of the following products:

  • Pumps, pumping units, and pumping stations
  • Compressors, gas compression systems, and compressor stations
  • Skid-mounted and modular oil & gas equipment

Company structure

HMS Group is a joint-stock company established and operated in accordance with the legislation of the Russian Federation through 17 subsidiaries and 1 subordinate enterprise located in Russia, Ukraine, Belarus, and Germany.

HMS Group is a member of the Russian Union of Industrialists and Entrepreneurs (RSPP), the Russian Engineering Union, the Russian Pump Manufacturers Association, the Union of Oil and Gas Equipment Producers, the New Gas Industry Technology Association of Equipment Manufacturers.

Company history

Hydromashservice, the bedrock of HMS Group, was founded in 1993. The main business was focused on supply pumps and systems to CIS countries (Ukraine, Belarus, Moldova, and Kyrgyzstan) and Russia.

By 1995 Hydromashservice had expanded and entered CIS markets and soon become one of the leaders specializing in the supplying pumps and systems for oil & gas, power, water and utilities.

Since 2003 Hydromashservice has been growing by organic growth coupled with active merging and acquiring pump and oilfield skid mounted equipment manufacturers, R&D and engineering companies as well as servicing and EPC companies:

In 2005 Hydraulic Machines and Systems, Investment Industrial Group, was established and the Hydraulic Machines and Systems Management Company was founded for asset management.

In 2008 Investment Industrial Group Hydraulic machines and Systems was rebranded as HMS Group.

In 2010 Hydraulic Machines and Systems Management Company was renamed as HMS Group Management Company.[8]

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.[9]

References
  1. "International Financial Reporting Standards Consolidated Financial Statements and Independent Auditor's Report" (PDF). Retrieved 1 November 2018.
  2. "Road Show, 6M 2012 results, 16th Oct 2012" (PDF). grouphms.com.
  3. "Federal Antimonopoly Service (FAS) approved an acquisition of Dimitrovgradkhimmash, 22 Mar 2012" (PDF). grouphms.com.
  4. "HMS Group acquires Sibneftemash 1st Jul 2011". grouphms.com.
  5. "HMS Group completed acquisition of Belarusian pump manufacturer". grouphms.com.
  6. "HMS Group acquired the leading Russian compressor producer Kazankompressormash, 12th Jul 2012". grouphms.com.
  7. "HMS Group completes an acquisition of Apollo Goessnitz, 9th Sep 2012". grouphms.com.
  8. "Change of name of the managing company of HMS Group, 15 Oct 2010". grouphms.com.
  9. "HMS Group Announces Financial Results for the Three Months Ended March 31, 2011". impeller.net.
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