OREANDA-NEWS. June 29, 2012. In accordance with the Central Bank of Russia letter № 82-T dated 05 June 2012, bonds issued by HMS Group’s subsidiary, ZAO “HYDROMASHSERVICE”, are included in the Lombard list since June 15, 2012.
The Lombard list is a register of municipal and corporate bonds accepted as collateral by the Central bank of Russia.
The HMS Group is the leading pump manufacturer and provider of flow control solutions and related services to the oil and gas, nuclear and thermal power generation and water utilities sectors in Russia and the CIS. The HMS Group’s products are mission-critical elements of projects across a diverse range of industries. It has participated in a number of large-scale infrastructure projects in Russia, including providing pumps and modular equipment to the Vankor oil field and pumping stations on recent trunk pipelines projects linking Russia’s core oil producing areas to export ports on the Pacific Ocean and Baltic Sea. The Group reported revenues of RUB 27.5 billion, adjusted EBITDA of RUB 5.5 billion and profit for the period of RUB 3.4 billion for the twelve month ended December 31, 2011. The HMS Group’s global depositary receipts (“GDRs”) are listed under the symbol “HMSG” on the London Stock Exchange.
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