HMS Group Signs Rub 3.5 Bn Compressor Contract

14.10.2015

HMS Group announces that it has signed a Rub 3.5 bn contract for delivery and installation of compressor units.

In accordance with the contract, the company will deliver 5 high-pressure compressor units, intended for compression of separated associated gas. All units will be manufactured by Kazankompressormash and installed at an oil and gas condensate deposit, located in the Ural region of Russia.

Source: HMS Group

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GEA Signs Agreement to Sell its Refrigeration Contracting Operations in Spain and Italy

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GEA signed an agreement to sell its refrigeration contracting operations in Spain and Italy to Clauger, the French family-owned company that specializes in industrial refrigeration and air-conditioning systems. The transaction is in line with GEA’s portfolio optimization strategy to divest selected business operations with comparatively low margins.

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