Muscovy Company
The Muscovy Company (also called the Russia Company or the Muscovy Trading Company ) 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 Muscovy until 1698 and it survived as a trading company until the Russian Revolution of 1917. Since 1917 the company has operated as a charity, now working within Russia.