I got this from my grandmother's house when she passed as a memento I thought it was cool because it was an axe and I was a teenager. In reality it's kitchenware, as evident from the back head that has the meat pounding spikes. Probably made in the 80s.

I've always wondered about the word on the side (1st picture). We're Greek and it doesn't make sense in Greek, no googlable villages at least. I am assuming it's the name of the place where it was made in (maybe Bulgaria?). Maybe it commemorates something that happened in 1371(2nd picture) in that place?

Any ideas?