New Russia Coal, Iron & Rail Producing Co

Sectors:

  • Extraction Coal extraction
  • Extraction Iron ore extraction
  • Basic metals production Iron, steel & related alloys production

Notes:

Traced origins to John Hughes, c1814-89, a Welsh engineer and businessman, who by 1860 was a senior manager at Millwall Ironworks where he met Russian engineers. Under a concession from the Russian government and benefiting from a state subsidy for 10 years, he established iron and rail producing works and collieries in Russia from 1870, forming the New Russia Coal, Iron & Rail Producing Co, subject to both English and Russian laws, in 1869. Capital provided by likes of Thomas Brassey, Joseph Whitworth and Daniel Gooch. Works became largest of their kind in Russian empire. Based at Hughesovka, Ukraine, later known as Donetsk. Confiscated 1919. Hughes started his career in South Wales leading Uskside Co & Hughes Co of Newport, later Uskside Iron Co, which was bankrupt in 1858; it made anchors, chains, cables, boilers, etc. Then joined C J Mare & Co, later Millwall Iron Works & Shipbuilding Co, before going to Russia

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