Aleksey Alchevsky

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Oleksiy Kyrylovych Alchevskyiy
Олексій Кирилович Алчевський
Born	1835 Sumy, Russian Empire
Died	1901 Saint Petersburg, Russian Empire
Occupation(s)	Entrepreneur, philanthropist

Oleksiy Kyrylovych Alchevskyiy

Born in Sumy, Kharkov Governorate (Sloboda Ukraine) in a family of small grocery merchant held of Sloboda Ukraine cossacks, Alchevsky graduated the Sumy County School and in 1862 moved to Kharkiv. During his young age, he was interested in left populist ideas, poetry of Taras Shevchenko and belonged to Hromada movement. While keeping own tea store, Alchevsky continued self-education.

During the so-called banking fever in Russia at the end of 1860s and beginning of 1870s, Alchevskyi became initiator in creating the Kharkov Mutual Society (1866). Later in 1868 as a merchant of the 2nd Guild he became one of the founders of the Kharkov Trade Bank with principal capital of 500,000 rubles becoming the third commerce bank in Russia after the Saint Petersburg Private Commerce Bank and the Moscow Merchant Bank. In 1871 Alchevsky as a merchant of the 1st Guild became one of founders (along with Ivan Vernadsky, a father of Volodymyr Vernadsky) of the first in the country mortgage lending bank, the Kharkov Land Bank with principal capital of 1,000,000 rubles. Alchevskyi was a chairman of the bank until his death in 1901.

In 1879 Alchevskyi established the Alekseyevskoye Mining Society (principal capital 2,000,000 rubles) that possessed the richest deposits of anthracite coal in Slovianoserbsk county (Yekaterinoslav Governorate). In 1900 the company extracted some 45 million poods of coal becoming the third company in Donbas for coal extraction by volume. Alchevsky also initiated construction of metallurgical factories of the Donets-Yuryevka Metallurgical Society (1895, principal capital 8 million rubles) near train station Yuryevka (today Komunarsk train station in Alchevsk, Alchevsk Metallurgical Complex)^[1] and the Russian Providence Society near Mariupol (today part of Illich Steel and Iron Works). By 1900 his fortune was reaching 30 million rubles.

In 1899 along with his wife

After failing to obtain financial help from the Ministry of Finance during the 1899-1902 economic crisis, Alchevsky

Alchevsky was married to an educator and

• Grigory Alchevsky
  , a composer
• Khrystyna Alchevska
• Ivan Alchevsky
• Anna Alchevskaya
• Dmitry Alchevsky, a victim of Red Terror in Crimea
• Nikolay Alchevsky

On petition of workers, in 1903 the Yuryevka train station and the workers settlement next to it were renamed into Alchevske (today's city of Alchevsk).

• Oleksiy Alchevsky at the Encyclopedia of Ukraine