This is the 477th most frequent Serbian word.
фестивал
The Serbian word "фестивал" means "festival" in English.
Here, 'фестивал' is used as a subject to denote a specific type of organized event.
Посетили смо фестивал филмова у граду.
We attended the film festival in the city.
In this sentence, 'фестивал' is accompanied by an adjective ('музички') to specify the type of festival, functioning as the main topic of the statement.
Пријатељ ми је причао о музичком фестивалу који се одржава у лето.
A friend told me about the music festival that takes place in summer.
'Фестивал' in this case forms a possessive structure ('атмосфера фестивала'), indicating something associated with the event.