The monastery is a historic monument, built by the Craioveşti brothers, from 1491 - 1494. In 1498, Stephen the Great built on the north side the bell tower with a chapel, next to which a princely manor was raised by Petru Rareş. In 1554 Alexandru Lăpuşneanu rebuilt entirely "Dormition of the Mother of God" Church. The monument represents one of the most important Moldavian convents. The last intervention was performed in 1986. It presents a religious art exhibition, prints, manuscripts, and archaeological finds.
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