The South Russian Mining Society (YURGO) is one of the leading coal mining companies of the Donetsk coal basin of pre-revolutionary Russia.
The company was registered in 1895 in St. Petersburg (the Charter of the Highest approved on June 5, 1895, changed on December 22, 1900 , August 23, 1913 and April 22, 1914 ), and the Company's Board was located in the capital of the Empire. The basic capital of the South Russian society, which initially amounted to 1.38 million rubles, was subsequently increased to 12 million rubles. [2]
The South-Russian society was engaged in the development and development of its own coal mines, while constantly increasing their number by acquiring new ones. In particular, after the bankruptcy at the beginning of 1914, the Alekseyevsky mining joint-stock company UGRO bought the mines belonging to it in Chistyakovo (now Torez, Donetsk region, Ukraine). In 1914-1915, the Kapitalnaya mine, 3 Don-YURGO, the Grabovsky mine, the mines of Gerbilsky, Verbilo and others were put into operation. [3]
The enterprises of the South Russian Mining Society at various times were headed by V. A. Stepanov , a famous Russian mining engineer, later a politician, a member of the State Duma of the Russian Empire and a leader of the White movement , [4] as well as M. V. Smidovich, an eminent Russian mining expert. , brother of the famous Pushkin writer V. V. Veresaev (Smidovich) . [five]
Shares of the South-Russian Mining Society were quoted on the Paris Stock Exchange as well . [6]
See also
- Mining
- Coal industry
- Donetsk coal basin