HMS Group

HMS Group
Company typePublic
Traded as
MOEX (HMSG)
IndustryIndustrial equipment engineering and manufacturing
Founded1993
HeadquartersMoscow, Russia
ProductsPumps, compressors, oil & gas equipment
Revenue$761 million[1] (2017)
$78.1 million[1] (2017)
Net income
$35.5 million[1] (2017)
Total assets$829 million[1] (2017)
Total equity$22 million[1] (2017)
Number of employees
11,000 (2024)

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]

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

Main business activities

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

  • Pumps, pumping systems, and pumping stations
  • Compressors, gas compression systems, and compressor stations
  • Skid-mounted and modular oil & gas field equipment
  • Oil & gas processing technologies

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
      • HMS Livgidromash, Russia
      • Livnynasos, Russia
      • Promburvod, Belarus
      • Bobruisk Machine Building Plant, Belarus
      • Hydromashservice (integrated commercial company of HMS Group), Russia
      • Dimitrovgradhimmash, Russia
      • Nizhnevartovskremservice, Russia
    • Oil & gas equipment and solutions business unit
      • HMS Neftemash, Russia
      • Sibneftemash, Russia
      • Sibnefteavtomatika, Russia Archived 16 July 2017 at the Wayback Machine
      • Giprotyumenneftegaz, Russia
    • Tomskgazstroy, Russia
    • HMS Compressors business unit
      • Kazancompressormash, Russia Archived 26 July 2011 at the Wayback Machine
      • NIIturbokompressor, Russia
    • Oil & gas procesing technologies business unit
      • HMS Processing Technologies, Russia

HMS Group is a member of the Russian Union of Industrialists and Entrepreneurs (RSPP), the Russian Engineering Union Archived 11 July 2017 at the Wayback Machine, 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


References

  1. ^ a b c d e "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.