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Geschiedenis
A charter was granted on February 26th 1555 to a group of merchants intending to trade with Russia. The company was known variously as the Russia Company, the Muscovy Company, and the Company of Merchants Trading with Russia. Sebastian Cabot was appointed the first governor of the Company in 1555, and 207 other subscribers - the majority of whom were London merchants - formed the first of the great joint stock foreign trading companies.
The charter gave the Company a monopoly of English trade with Russia which included the rights to trade without paying customs duties or tolls, and to trade in the interior. The Company's principal imports from Russia were furs, tallow, wax, timber, flax, tar and hemp. Its principal export to Russia was English cloth.
English merchants were expelled from Russia in 1646, and the Tsar ended the Company's privileges three years later. Trade resumed in 1660, when the Company was reorganised as a regulated company. It lost its monopoly in 1698, but survived as an important City institution and shared the eighteenth century revival of Anglo-Russian trade.
The Company in London appointed agents or factors in Russia, hence the term British Factory for the group of British agents. The headquarters of the British Factory was in Moscow until 1717, when it moved to Archangel. In 1723 the Factory moved again to St Petersburg. The Company also appointed a chaplain to the Factory in Russia. With the expansion of trade in the nineteenth century, the number of trading posts maintained by the Company grew to include Archangel, Cronstadt, Moscow and St Petersburg. Since 1917 the Russia Company has operated principally as a charity.
Trade directories indicate that the Company had offices at 25 Birchin Lane, 1842-53 and South Sea House, Threadneedle Street, 1854-65. At other times, the Court of Assistants appears to have met at various premises around the City, including coffee houses and livery company halls.
The early records of the Russia Company perished in the Great Fire of London in 1666.