News

New development strategy of HMS Group for 2010–2015, which it started to implement last year, sets ambitious goals for the management team to aim for with regards to the expansion of the business and to increase the Company's market value. The successful execution of this strategy will result in the transformation of HMS Group from a manufacturer of pumping and oil & gas equipment into a leading supplier of integrated solutions for all of the fundamental industries.

In addition, the Company will continue to pursue selective, value enhancing acquisitions which will enable it to enter attractive new markets. It is hoped these leads will provide access to complementary marketing, production and R&D facilities which offer operational cohesion with existing businesses.

Main points:

• Focus on integrated solutions and other highly-engineered products
• Strengthen position in core markets including aftermarket and export
• Expand research and development capabilities
• Improve operational efficiency
• Pursue selective & value enhancing acquisitions