On December 20, 2003 Triumph Palace was topped out, making it Europe's tallest building. The previous title holder was the Commerzbank Tower in Frankfurt.

The building consists of 9 wings, each with its own entrance. All of the wings are connected internally by common public areas on the first 5 floors.

This tower acquired the nickname "Stalin's 8th Sister" as it was designed to mimic the castle-like Vysotniye Zdaniya (Seven Sisters) skyscrapers in Moscow built by Stalin in the 1950s; but is a different building from Edelweiss, which billed itself as the official 8th Tower of Moscow.

Equipment for the cleaning and repair of the 6 central vertical stained-glass panels is mounted in special cradles mounted on monorails, which are concealed in special niches at the top when work is not in progress.

The spire consists of 8 sections of 4 to 8 tons. It took six days to mount with help of helicopters.

The spire is faced with stainless steel sheets covering a total of 700 square meters.

The spire is equipped with an active lightning conductor.

A similar building named Triumph of Astana was built in Kazakhstan in 2006.

Surpassed in height by Naberezhnaya Tower C in August 2007.