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").