Complex sentence: Ostroh Academy (translit.: "Natsional'nyi Universytet Ostroz'ka Akademiia") founded in 1576 by Konstanty Wasyl Ostrogski was the first university-like school in Eastern Europe.
Split into simpler sentences: Ostroh Academy (translit.: "Natsional'nyi Universytet Ostroz'ka Akademiia") was founded in 1576 by Konstanty Wasyl Ostrogski. It was the first university-like school in Eastern Europe.