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HRS is a French manufacturer of hydrogen refueling stations that designs, builds, installs, commissions, and maintains turnkey solutions.

Last updated September 25, 2026

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Overview

Hydrogen Refueling Solutions, branded HRS, is a French company that designs and manufactures hydrogen refueling stations. Founded in 2004 under the name TSM, it built on expertise in industrial piping and hydrogen-station manufacturing. The company describes its work as supporting wider access to hydrogen and the transition to lower-carbon mobility. HRS provides end-to-end project services: sizing and technical studies, station design, manufacturing, installation, commissioning, after-sales support, and maintenance. Its stations are intended for different vehicle types, including captive fleets, trucks, buses, and passenger cars. The company also identifies industrial, storage, and energy applications among the markets it serves. Its stated operating reach includes Europe. HRS says it manufactures and assembles stations at a 10,000-square-metre production centre in France, and describes itself as a leading European manufacturer of hydrogen refueling stations. The company reports that its expertise and industrial capacity enabled it to scale production of high-capacity stations. Hassen Rachedi is identified by the company as its founder and CEO. HRS says it completed an IPO on Euronext Growth in February 2021. Its website also reported a capital increase offer in late 2025, open to shareholders and the public, with subscription running from 27 November to 9 December 2025. No parent company, precise headquarters address, or ticker is established by the supplied evidence.

History

HRS, formally Hydrogen Refueling Solutions, is a French hydrogen refueling-station company founded in 2004. According to the company, it was previously known as TSM. Its early foundation combined industrial-piping expertise with the manufacture of hydrogen stations, creating the basis for its later focus on integrated hydrogen-refueling infrastructure. The company describes its purpose as helping generalize access to hydrogen and supporting the transition to carbon-free mobility. It has developed solutions for different vehicle uses, including captive fleets, trucks, buses, and passenger cars, while also naming industrial, storage, and energy markets as areas of activity. Its service model extends beyond equipment manufacture: HRS says it supports customers from project sizing and design through production, installation, commissioning, after-sales service, and maintenance. HRS identifies Hassen Rachedi as its founder and CEO. The company says its technical expertise and experience in industrial piping gave it a competitive advantage as it grew in the hydrogen-station market. It also describes its French production centre, measuring 10,000 square metres, as a major European manufacturing site. HRS says this facility enabled it to increase production of high-capacity stations, which it characterizes as important to the development of hydrogen mobility. A major corporate milestone came in February 2021, when HRS says it completed an IPO on Euronext Growth. The company characterizes the IPO as one of the most successful ever recorded on that market and says it began building its new factory in France. Its current public-facing description positions it as a European manufacturer of hydrogen refueling stations and an expert in industrial piping, with operations and installation teams working across Europe. In late 2025, the company’s homepage announced a €9 million capital increase offer, open to all and retaining preferential subscription rights for shareholders. The stated subscription period was 27 November to 9 December 2025. The supplied sources do not establish the company’s exact headquarters address, ownership structure, or stock ticker.

  • Company founded as TSM

  • IPO on Euronext Growth

  • New factory construction began in France

  • Capital increase offer subscription period

Products and positioning

A French hydrogen-station manufacturer offering integrated project support, from technical sizing and design through production, installation, commissioning, and maintenance; it presents itself as a leading European supplier, including for high-capacity stations.

  • Hydrogen refueling stations

    Stations designed for vehicle refueling and hydrogen mobility projects, including applications for fleets, trucks, buses, and passenger cars.

  • High-capacity hydrogen refueling stations

    HRS says its French manufacturing facility enabled it to scale production of high-capacity stations.

  • Turnkey station project services

    Project sizing, design, manufacturing, installation, commissioning, after-sales support, and maintenance.

Brand decisions

  • Announced a capital increase offerOther

Recent events

  • Reported

    HRS and Citi announce global lodging payments partnership[3]

    HRS announced a global partnership with Citi to serve corporate lodging programs. The companies said they would collaborate on lodging and associated payment services, including Citi virtual card accounts and HRS lodging-payment and invoice services.

  • Unconfirmed

    Reported

    HRS acquires Itelya[4]

    HRS acquired Itelya, a travel invoice management services provider. HRS said Itelya's existing management team and colleagues were joining the HRS Group.

  • HRS and Radisson Hotel Group sign strategic partnership[5]

    HRS and Radisson Hotel Group signed a strategic cooperation agreement focused on cooperation between Radisson hotels and HRS’s corporate customers, with the article also describing distribution efficiency and awareness of upgraded hygiene standards as areas of focus.

  • Reported

    HRS and Accor sign a multi-year strategic agreement[6]

    HRS announced that it had signed a new multi-year agreement with Accor. The agreement includes enhanced direct-connect access to competitive rates across Accor hotel categories, and business travelers booking through HRS's corporate channel can earn points and rewards.

  • Reported

    HRS launches Invisible Pay[7]

    HRS announced the launch of Invisible Pay, a corporate hotel payment platform that uses payment automation to address out-of-policy spending and underuse of preferred hotels.

  • Reported

    HRS booking widget offers hotels a reduced commission rate[8]

    HRS stated that hoteliers pay a reduced commission of 3% on bookings made through its newly launched widget.

  • Reported

    HRS launches booking widget for hotel websites[8]

    HRS launched a free widget that lets hotels embed HRS’s booking engine into their own websites. The widget can also present HRS customer reviews and ratings.

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