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In Chernivtsi, in the heart of Cathedral square (called Soviet square in the period of the USSR) on a high pedestal stands a monument to the Soldier-liberator, established in honor of the Victory in the great Patriotic war of 1941-1945 and the liberation of the city from Nazi invaders. This monument was solemnly opened in 1946. The author of the architectural project is V.I.Grigor, and sculptor is G.L.Petrashevich.

The citizens on Chernivtsi honor the memory of the perished soldiers who liberated the city from the Nazis. The day of the 9th of May in Chernivtsi is the "holiday with tears on eyes". And this is the day for the celebration of the Victory over fascism, welcoming the living veterans. People remember and honor those who perished in the war and those who left us in the postwar years. The 9th of May in Chernivtsi traditionally includes the large number of festive events honoring veterans and children of war, and of course, the parade of brass bands in the Cathedral Square, which is attended by all music groups of the city of Chernivtsi and Bukovina region. Everybody always lays flowers to the Monument of Victory.

In the evening in honor of Victory Day there is a salute. Chernivtsi veterans, which have always been a keen sense of humor, noticed one peculiarity of the monument – if the hand of a warrior, which holds the Banner of the Victory falls down, it’s clear that it is too long. And there is a humorous name of the former Soviet square - the Square of the long arm.