HMS Group

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HMS Group
Public (LSEHMSG)
Industry Industrial engineering and manufacturing, Diversified Machinery
Founded 1993
Headquarters Moscow, Russia
Key people

Nikolay Yamburenko, Chairman of the Board
Artem Molchanov, CEO

Kirill Molchanov, CFO
Products pumps, compressors, thermal turbomachinery, oil & gas equipment
Services Service maintenance, retrofit, engineering, EPC
Number of employees
~15,000 [1]
Slogan Engineering Flow Solutions

The HMS Group is a diverse corporation that combines leading Russian, Ukrainian, Belarusian, German, manufacturing (pumps, compressors, oil & gas equipment), engineering and construction companies.[2]

The headquarters is located in Moscow, Russia.

Products and markets[edit]

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

  • Pumps, pumping units and pumping stations
  • Compressors, compressor systems, gas compression systems, compressor stations
  • Oil & gas equipment in skid-mounted versions

Served industries: oil & gas, power generation, water intake, supply and distribution, steel, mining, chemicals, paper, food and beverage, and marine.


HMS Group carries on business through 17 subsidiaries and 1 affiliate in Russia, Ukraine, Belarus, and Germany. Corporate governance is carried out by means of execution of corporate rights of a shareholder of manufacturing companies in Ukraine and the Federal Republic of Germany, and in the Russian Federation – through the HMS Group Management Company LLC that carries out the function of chief executive body of the Russian manufacturing companies and controls all the current business activity of the companies at the territory of the Russian Federation.

HMS Group is a member of the Russian Union of Industrialists and Entrepreneurs (RSPP).


Hydromashservice, the bedrock of HMS Group, was founded in 1993. The main business was to supply pumps and systems from CIS countries (Ukraine, Belarus, Moldova, and Kyrgyzstan) to 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:
  • In 2005 Hydraulic Machines and Systems, Investment Industrial Group, was established and the Hydraulic Machines and Systems Management Company was founded for asset management.
  • In 2008 Investment Industrial Group Hydraulic machines and Systems was rebranded as HMS Group.
  • In 2010 Hydraulic Machines and Systems Management Company was renamed as HMS Group Management Company.[8]
  • In February 2011 HMS Group completed an initial public offering of global depositary receipts (GDRs) on the London Stock Exchange, resulted in an aggregate gross proceeds of US$360 mn and a post-IPO equity value for the Company of US$967 mn.[9]