The festival was established in 2001 by the Puppetry Artists Institution of Slovenia, who now run it together the Maribor Puppet Theatre. The latter acts as the main venue, though other venues such as GT22 are also used.
The biennial was launched in place of the earlier puppetry festival, Klemenčič's Days. The first 2 biennials took place at the Maribor Puppet Theatre and featured about 15 performances. The 2005 edition took place at Koper Theatre, at Praetorian Palace in Koper, and in the Koper Regional Museum. The 2009 festival took place in Ljubljana and Maribor and also presented its events across Slovenia's borders, in Carinthia, Austria. In 2011, it returned to be hosted mainly at the Maribor Puppet Theatre.
The programme of puppet shows comprises two parts, one competitive, and one accompanying. Together, they usually present somewhere around 15–20 performances. The other part of the accompanying programme includes exhibitions of puppets and stage sets, round-table discussions, book presentations, film screenings and photo documentation exhibitions, plus some additional high-quality performances aimed at young audiences.
An international expert jury confers the Slovene Puppetry Biennial Prizes, awarding one Grand Prix for the best performance and various prizes for other dimensions of puppetry (visual concept, animation, puppetry technology, music, direction, original approach, etc.).