In honor of the famous Požega-born Croatian art-historian, painter and writer the bust of Matko Peić stands in the center of this small square. On the opposite side of the street, there is the bust of another artist from Požega, the 19th-century painter Miroslav Kraljević.

The square is dominated by the historically very interesting building of the old silk-works, today known as the building of the Ministry of Culture’s Conservation office. It was erected at the end of the 18th century and was used for the production of silk products from 1786 to 1877.

It is interesting to know that, even though silk is usually connected with China or Japan, Slavonia once was a very important silk-producing region. Already in mid 18th century, the queen and empress Maria Theresia ordered the planting of mulberry trees in Slavonia to start the silk fabric production. For a long time, Croatian silk was considered to be one of the best and almost all production went into export.

But with the rise in high fashion and the demand for more delicate silk from France and Italy, and later on the cheaper silk from Japan, the silk production in Slavonia and Croatia came to a halt and finally disappeared. The once prosperous industry doesn’t exist today but its legacy can still be seen in many Slavonian villages as there are still many mulberry trees with their juicy fruits that resemble blackberries.