watch
HMS Hydraulic Machines & Systems Group Plc

HMS Hydraulic Machines & Systems Group Plc

Sector: Crude Petroleum And Natural Gas Region: Russian Federation


: | London Stock Exchange: HMSG


Similar to: Regal Petroleum plc, Perpetual Energy, Inc., Afren Plc

HMS Hydraulic Machines & Systems Group Plc is a holding company engaged in the manufacture of pumps and provides flow control solutions and related services to the oil and gas, nuclear and thermal power generation and water utility sectors. It operates within the following business segments: Industrial Pumps, Oil and Gas Equipment, Compressors, and Engineering, Procurement and Construction. The Industrial Pumps segment designs, engineers, manufactures, delivers and installs industrial pumps and related products for the use primarily in the oil and gas, power generation, and water utility sectors. Its products include ready-made pumps built to standard specifications, customized pumps, pump equipment, and integrated pump systems. The Oil and Gas Equipment segment manufactures, and installs ready-made units for oil and gas industry. Its products include oil pumping stations, and pump stations for water injection, oil and gas and water processing units, metering equipment, nuclear and thermal power, tanks, reservoirs and vessels, and oil development equipment. It also provides aftermarket services, maintenance, repair works and other support for its products. The Engineering, Procurement and Construction segment is engaged in design, engineering, project planning and management, and procurement and implementation. It provides construction works, including on a turn-key basis, for customers in the upstream oil and gas, and oil transportation and water utility sectors. The company was founded by Artem Vladimirovich Molchanov, Kirill Vladimirovich Molchanov, and German Alekseevich Tsoy on April 27, 2010 and is headquartered in Moscow, Russia.

News & Analysis

You may also be interested in: