The ensemble had temporarily relocated to the cultural institution "Vuk Karadžić", with expectations that they would return to the reconstructed building within two seasons.

However, due to the ethnic conflicts in the former Yugoslavia during the 1990s, the theatre lost most of its funding and produced small musicals in difficult conditions.

In 2000, when a political change occurred in Serbia and it was once again accepted into world organisations, the project of reconstructing old, out of date theatres in Belgrade began.

Singers/actors such as Ivana Knežević, Ivan Bosiljčić, Jelena Jovičić, Slobodan Stefanović, Miroljub Turajlija, Milan Antonić, Sloboda Mićalović and many others bought a resurgence in popularity to musicals in Serbia.

The high quality of technical resources has also increased the theatre’s popularity with most musicals receiving rave reviews from critics for acting, singing and stage.