Muscovy Company

Muscovy Company
Company typeTrading company; charity
IndustryTrading company; now a charitable organization
PredecessorCompany of Merchant Adventurers to New Lands
Founded6 February 1555 (1555-02-06) in England
FoundersRichard Chancellor, Sebastian Cabot and Sir Hugh Willoughby
FateExisted until 1917 as a trading company. Now operates mainly as a charity.

The Muscovy Company (also called the Russia Company or the Muscovy Trading Company; Russian: Московская компания, romanizedMoskovskaya kompaniya) was an English trading company chartered in 1555. It was the first major chartered joint-stock company, the precursor of the type of business that would soon flourish in England and finance its exploration of the world. The Muscovy Company had a monopoly on trade between England and Russia until 1698 and it survived as a trading company until the Russian Revolution. Since 1917, the company has operated as a charity, now working within Russia.[2][3]

  1. ^ Fox-Davies, The Book of Public Arms)
  2. ^ Guildhall Library Manuscripts, accessed January 26, 2011
  3. ^ "CHARITABLE FUND ADMINISTERED BY THE RUSSIA COMPANY, registered charity no. 210842". Charity Commission for England and Wales.

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