In 1912, Meštrović was commissioned to design a grand commemorative fountain on Terazije square. The center basin of the fountain was to include a five-stepped column where the Pobednik statue was to stand on. The project was interrupted following the outbreak of the Second Balkan War and the First World War. The original plans were eventually scrapped and the statue was placed atop a marble column and unveiled in 1928, atop the Belgrade Fortress during the 10th anniversary of the breakthrough at the Thessaloniki Front.
The statue, holds a falcon, on watch for the new threats on the horizon, in the left hand, and a sword of war, ready to counter these threats in the right. It's looking forward across the confluence of the Sava and the Danube, and over the vast Pannonian plain, towards the very distant Fruška Gora mountain, towards the (at the time), Austro-Hungarian empire, it is probably the most powerful, most popular visual symbol of Belgrade.