New Year's Day celebrations held on the square between 31 December and 1 January. All
Independence Day and
Victory Day Parades occur on the Square. Back when Tskhinvali was known as called Staliniri, it bore the name "The Central Square" and had a monument to the Soviet leader
Joseph Stalin. After coming to power in the 50s, Premier
Nikita Khrushchev's
De-Stalinization program forced the dismantlement of the monument in the middle of the night. After 2005, the theatre on the square was completely destroyed, the residents and the city leadership came to a consensus on its restoration. ==References==