It is one of the oldest theatres in the country, and it has remained a major musical centre during its history, in which many significant art events have taken place.

The theatre held the first festival in the 20th Century of the Russian composer Sergei Prokofiev's work, where it opened with a two-evening version of the opera War and Peace.

There is a good tradition of collaboration with directors and choreographers from Germany, United States, Spain, and Switzerland on the Perm stage.

More than 650 young ballet artists from Russia, former republics of the USSR, Austria, Argentina, Bulgaria, Belarus, China, Croatia, Egypt, Ireland, Japan, Mexico, Mongolia, Slovenia, South Korea, Turkey, United States and Venezuela have participated in it.

Promotion of the opera troupe in the United States began with a performance of Mazeppa in Carnegie Hall in January 2008 using the name The Tchaikovsky Theatre.