
Société Industrielle des Mines d’Alexeïewka, bassin du Donetz
Алексеевское Горнопромышленное Общество
Mining and Industrial Company of Alexejevka, basin of the Donetz
Gesellschaft für Berg-Industrie zu Alexejewka, bassin des Donetz
Other city spellings: Charkow, Charkov, Kharkof, Kharkow, Kharkiv
The company was founded in 1879 with head office in Kharkov. Initial capital was 300,000 roubles in shares of 250 roubles. Capital was increased through six further share issues resulting in total capital of 5,000,000 roubles in 1900, in shares of 250 roubles each.
1879
Description
The company was formed 1879 by Alexei Kirillovich Alchevski. He started his business life as a tea-merchant in 1860. He later founded banks in his native Kharkov area of Ukraine, then turned to industry. His first industrial venture was founding this company, which owned six large coal- and anthracite-mines, coke-ovens and an iron-ore mine, employing more than 6000 people.
Several other companies were also founded by him in the 1890s. At that time, he was worth 30 million roubles. However, he had put all his money into these industrial enterprises and when a crash came in 1901, he became bankrupt.