Alongside the Nobel brothers, the Rothschild brothers’ Caspian-Black Sea Company became one of the leading oil companies in the Russian oil business in the late 1880s.
With six million gold roubles and 25 million francs of initial capital in Russian safes, the Rothschilds began business with their characteristic energy. But the Caspian-Black Sea Company also owed its success to the ties the Rothschilds established in the upper echelons of the Russian government (as the Nobels had prior to them).
The Rothschild Pages of Azerbaijan’s Oil History - History - Visions of Azerbaijan Magazine
Through Alphonse Rothschild, the tsarist government issued a series of loans in France. In particular, the construction of the Transcaucasian Railway linking Baku with Batum was completed in 1883 thanks to a loan granted by Alphonse Rothschild.
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