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Artemy Tereshchenko

Artemy Tereshchenko
Артемий Терещенко
Artemy Tereshchenko.jpg
Born 1794
Lokot, Oryol Governorate, Russian Empire
Died 1873
Hlukhiv, Chernigov Governorate
Occupation Sugar manufacturer
Known for Tereshchenko dynasty
Spouse(s) Euphrosyne Steslyavskaya
Children Nikola, Fyodor, Simon

Artemy Yakovlevich Tereshchenko (Russian: Арте́мий Я́ковлевич Тере́щенко; Ukrainian: Арте́м Я́кович Тере́щенко; 1794 – 1873 ) was the first entrepreneur in Tereshchenko family and the founder of the Tereshchenko dynasty, which is in the list of the most wealthiest families in the world.

Artemy Tereshchenko was a merchant of the first guild (May 12, 1870), a hereditary honorary citizen (1862), hereditary nobleman (1870). Burgermeister of the Hlukhiv city magistrate (1842-1845). In 1885 the Tereshchenkos had a solid, thriving business and even purchased and developed their own salt mines in the Kherson region and district town Bakhmut. The reservoir, which Tereshchenko chose will become the largest in the salt sea, opened to the south-east of Ukraine, also in 1916 the Tereshchenko mines will produce 2 million pounds of salt. Thus, the mine entered the top 10 of the largest salt mines of the time. (The Tereshchenko mine will be later become known as "Sverdlov mine").

Tereshchenko earned the nickname "Karbovanets". He established production of sugar beet in Ukraine, contributing this way into the fight against hunger and at the same time he donated a significant amount of the income to charity.

In 1815, at the age of 21, as a young Cossack, he was drafted into the army and sent to fight against the French invaders.

In order to maintain the morale of the Cossacks, the Tsar has promised to give the hand of his daughter, the Grand Duchess, to a Cossack, who would bring him the head of Napoleon. Cossacks rushed into the fight, which brought them to the town of Paris. But soon the regiment, where Tereshchenko served, was ordered to stay at the apartments outside the French capital. For a few months, Tereshchenko and his fellow Cossacks stayed near the town of Beauvais, where the fertile soils of the Bree valley were producing beets just like at his homeland Ukraine. At the same time, there was the ongoing blockade, the British announced to France, hindering deliveries of sugarcane from the Antilles. And one of the Napoleon's plans was to set up production of sugar from beets. The French began implementing the state plan enthusiastically and in northern France this strategically important production had started establishing.


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