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The B. Verkin Institute for Low Temperature Physics and Engineering was founded in 1960 by professors Borys Vyerkin, Oleksandr Galkin, B. Eselson and Ihor Dmytrenko. The first director was Vyerkin. The institute conducts basic research in experimental and theoretical physics, mathematics, as well as in the field of applied physics.

Oleksiivska (Ukrainian: Олексіївська) is a station on Kharkiv Metro's Oleksiivska Line. The station opened on 21 December 2010. It was the terminus of the Oleksiivska Line until the Peremoha station was opened on 19 August 2016.The station was on the drawing board since 1992. Projected opening years of the station were 2005, 2006, 2008 and 2009.