OREANDA-NEWS. HMS Group, the leading pump and compressor manufacturer as well as 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, today releases the statement regarding orders received during the 1st quarter and 3 months of 2015.

The Group's order intake under management accounts for 1 quarter (3 months) 2015 amounted to Rub 6.6 bn, which is 1% lower in comparison with the previous year Rub 6.7 bn only due to a quarterly volatility. In general, 1Q 2015 order intake results are attributable to a stable inflow of orders for standard equipment.

All HMS' business segments except the oil & gas equipment demonstrated year-on-year increase. The industrial pumps business segment showed a steady growth of 4% y-o-y in 1Q 2015. The compressors business segment more than twofold increased its order intake to Rub 643 mn, by 144% y-o-y. Also the engineering business segment demonstrated the positive trend with the 69% y-o-y growth.

Decline in 3 months 2015 oil & gas equipment orders reflects the fact, that the main operating oil & gas modular equipment facility of the Group, HMS Neftemash, is executing several large-scale contracts.