Part of the memorial complex dedicated to the memory of soldiers who liberated the Donbass from fascism during the Second World War. In addition to this monument, erected in 1984, the complex includes a military equipment site, a veterans' square, a stele to underground partisans, a bell of memory, as well as a museum of the Great Patriotic War
More information about this monument can be found in Wikipedia:
https://en.wikipedia.org/wiki/To_Donbass_Liberators