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 and abroad.[2]
 | |
| Type | Public |
|---|---|
| LSE: HMSG | |
| Industry | Industrial equipment engineering and manufacturing |
| Founded | 1993 |
| Headquarters | Moscow, Russia |
Key people | Nikolay Yamburenko, Chairman of the Board Artem Molchanov, CEO Kirill Molchanov, CFO |
| Products | Pumps, 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 | $22 million[1] (2017) |
Number of employees | 14,200 (2022) |
The company's headquarters are located in Moscow, Russia.
Main business activities
Engineering, manufacturing, and complex procurement of the following products:
- Pumps, pumping systems, and pumping stations
- Compressors, gas compression systems, and compressor stations
- Skid-mounted and modular oil & gas field equipment
Company structure
HMS Group is a joint-stock company established and operated in accordance with the legislation of the Russian Federation with subordinate enterprises located in Russia and Belarus.
- HMS Group structure:
- Industrial pumps division
- Oil & gas equipment and solutions business unit
- HMS Compressors business unit
- Tomskgazstroy, Russia
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:
- 2003 – Livgidromash (since 07.07.2014 – HMS Livgidromash) joined the Group
- 2004 – Acquisition of HMS Neftemash (before 26.08.2010 – Neftemash)
- 2006 – Nizhnevartovskremservice was acquired
- 2007 – Takeover of Tomskgazstroy, Dimitrovgradhimmash[3]
- 2008 – Promburvod (Minsk, Belarus)
- 2009 – Sibnefteavtomatika was acquired
- 2010 – Giprotyumenneftegaz became part of the Group
- 2011 – Sibneftemash, joined the Group[4] and Bobruysk Machine Building Plant,[5]
- 2012 – Kazancompressormash, Russian compressor manufacturer,[6]
- 2013 – NIIturbokompressor was acquired
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.[7]
References
- "International Financial Reporting Standards Consolidated Financial Statements and Independent Auditor's Report" (PDF). Retrieved 1 November 2018.
- "Road Show, 6M 2012 results, 16th Oct 2012" (PDF). grouphms.com.
- "Federal Antimonopoly Service (FAS) approved an acquisition of Dimitrovgradkhimmash, 22 Mar 2012" (PDF). grouphms.com.
- "HMS Group acquires Sibneftemash 1st Jul 2011". grouphms.com.
- "HMS Group completed acquisition of Belarusian pump manufacturer". grouphms.com.
- "HMS Group acquired the leading Russian compressor producer Kazankompressormash, 12th Jul 2012". grouphms.com.
- "HMS Group Announces Financial Results for the Three Months Ended March 31, 2011". impeller.net.