Board of Directors of HMS Group decided to obtain a secondary listing of the company's GDRs on the Moscow Exchange. It is expected that trading of the securities will start in the current quarter. HMS is a machine building and engineering holding, which produces pumping, compressor and oil and gas equipment. Production and engineering assets of HMS Group are located in Russia, Belarus, Ukraine and Germany. In February 2011, the company placed 37% of its GDRs in an IPO on the LSE.