OREANDA-NEWS. November 2, 2012. Nizhnevartovskremservice, a subsidiary of HMS Group, having won a bidding process signed a contract with Surgutneftegaz for maintenance of a large set of automated group measuring units for a number of customer`s subsidiaries. This contract is in line with HMS Group strategic focus on delivery of integrated solutions encompassing design, production, installation, commissioning and post sale service of the equipment.

Surgutneftegaz is one of the key customers of HMS Group. In 2012 HMS Group has already signed a number of contracts for delivery of modular group pumping station, automated group measuring units and water distribution units with Surgutneftegaz.

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 14.9 billion, adjusted EBITDA of RUB 2.5 billion and profit for the period of RUB 1 billion for the 6 months ended March 31, 2012. The HMS Group’s global depositary receipts (“GDRs”) are listed under the symbol “HMSG” on the London Stock Exchange.