This paper deals with the theoretical background and practical repercussions of translating poetry. In the introductory part, it offers a descriptive definition of the lyric poem as a literary genre. This is followed by an elaboration of the lyric poem as a phenomenon with a focus on the question of how the lyric poem creates meaning. The author, therefore, writes artistic information into the structure/composition of the text by organizing the elements of the utterance so that they generate meaning through their interrelationships. A model of the world is written into poems specific structure. In the continuation of the paper, translation process is discussed. The translator's activity is viewed through two functions: omniscient reader and acting writer. The activity of translation is then observed through five strategies of equivalence and eight phases of the translation process of a lyric poem. The role of style (with an emphasis on the meaning gaps in the lyric poem) in generation of meaning and the importance of a thorough stylistic analysis of the lyric text that precedes the translation is elaborated below. Finally, the paper presents an analysis of the translation of Ana Brnardić's poem collection "Postanak ptica" in Swedish language through the prism of the concepts presented in the theoretical part of the paper.