Emperor Franz Joseph I has greatly promoted the development of Bukovyna, the 12th province of the Austro-Hungarian Empire, in particular in Chernivtsi that was the land's factual capital. The construction of many city's buildings was initiated, assisted and financed by his effort.
The monument was erected by Chernivtsi residents in 1908 to the 60th anniversary of the monarch's rule.
The historical look. Unfortunately, now it's not as good as it used to be