The stadium is the home ground of Ukrainian Premier League club PFC Oleksandria and has a capacity of 7,000 spectators.

FC Oleksandriya that in 1991-2003 was known as FC Polihraftekhnika played about 4 games in the 1992 Ukrainian First League before it was forced to move to its newly built Olimp Stadium (25 May 1991[1]).

After Shakhtar Oleksandriya became defunct in the 1990s, the stadium was rebuilt into the Cultural Sports Complex "Nika" and reopened in 1998.

Between 2004–2006, MFK Oleksandria played their home games also at the stadium.

[1] The main stadium has administration offices as well as a conference hall.