17th Nov 2017 08:56
HMS Hydraulic Machines & Systems Group plc
(the “Company”, and together with its subsidiaries, the “HMS Group”)
HMS Group signs Rub 4 BN construction contracts
Moscow, Russia – November 17, 2017 - HMS Group (LSE: HMSG) announces today that it has signed two contracts worth c. 4 billion rubles for construction and installation works at clients’ oil & gas facilities in Western Siberia.
Projects are expected to be completed within a year and a half.
For more information, please contact:
Inna Kelekhsaeva, Deputy Head of Capital markets, on telephone: +7 (495) 730-6601, or email: [email protected]
Anna Obotnina, Head of Marketing communications, on telephone: +7 (495) 730-6601, or email: [email protected]
About HMS Group
HMS Group is the leading pump and compressor manufacturer, as well as the provider of flow control solutions and related services for the oil and gas, petrochemistry, nuclear and thermal power generation, water and wastewater sectors in Russia and the CIS headquartered in Moscow, Russia. HMS Group’s products are mission-critical elements of projects across a diverse range of industries. HMS has a listing on the London Stock Exchange in the form of global depositary receipts (LSE: HMSG).
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