Borets provides fit-for-purpose electric submersible pump (ESP), progressing cavity pump (PCP), and horizontal pump system (HPS) products and services to the oil and gas industry that minimize artificial lifting and fluid transfer costs, and help maximize our customers' return on investment. As the only true vertically integrated provider, we are a global leader in centrifugal pump technology producing roughly 25% of the ESPs used worldwide. With 10 manufacturing facilities in 5 countries, we produce more than 12,000 systems annually and are the largest global supplier of ESPs by volume. Technology development and innovation have been central to our history of more than 100 years. We pioneered the development of permanent magnet motors (PMM) for ESPs and are today, the undisputed global leader in this technology with a track record of more than 14,500 motors deployed around the world.
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