The story
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
2008 – Promburvod (Minsk, Belarus)
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2009 – Sibnefteavtomatika was acquired
2010 – Giprotyumenneftegaz became part of the Group
2011 – Sibneftemash, joined the Group and Bobruysk Machine Building Plant,
2012 – Kazancompressormash, Russian compressor manufacturer,
2013 – NIIturbokompressor was acquired
From Wikipedia’s article on HMS Group, shared under CC BY-SA 4.0.4