Members of the Tereshchenko family have achieved prominence in Ukraine and the world as businessmen, entrepreneurs, philanthropists, and landowners, beginning in the 18th century.

The family has Cossack roots and comes from the city of Hlukhiv (now Sumy region), the former residence of the Hetmans of Left-bank Ukraine.

[1] First guild merchant Artemy Tereshchenko was elevated to the hereditary nobility of the Russian Empire by a royal decree of May 12, 1870 for special merits and as a reward for charity.

For over half a century, the Tereshchenko family - Nicola, Theodore, and their children - Alexander, Ivan, Varvara, Theodore, Nadezhda and others were engaged in charity activities, giving Ukraine numerous buildings, cultural and educational institutions, as well as art collections, now kept in museums of Kyiv, which were established by members of the family.

Over time, the family-owned company had an annual turnover of 12 million rubles and independent access to the European market.