The monument to king Stefan Tvrtko I Kotromanic, founder of Herceg Novi, is located on the embankment near the Forte Mare fortress and the beach.

Tvrtko I was the king of Bosnia, Dalmacia and Croatia. During his reign (1353-1391) the kingdom of Bosnia became the mightiest southern Slavic state, trailing only Hungary and the Osman Empire when it comes to influence on Balkan politics.

The monument was made in Zagreb by masters Dragoljub and Miodrag Dimitrijevic and installed in Herceg Novi in 2013.