The Federation Cup 1994–95 was the first edition of the IIHF Federation Cup. The season started on November 11, 1994, and finished on December 29, 1994.

The tournament was won by Salavat Yulaev Ufa, who beat HC Pardubice in the final.

First stage

Group A (Oświęcim, Poland)

Group A Semifinals Team #1ScoreTeam #2Salavat Yulaev Ufa 21:1 KHL Medveščak ZagrebKS Unia Oświęcim 3:2 Alba Volán Székesfehérvár

Group A Third Place Team #1ScoreTeam #2Alba Volán Székesfehérvár 13:2 KHL Medveščak Zagreb

Group A Final Team #1ScoreTeam #2KS Unia Oświęcim 2:10 Salavat Yulaev Ufa

Group B (Poprad, Slovakia)

Group B Semifinals Team #1ScoreTeam #2HC Pardubice 12:2 HK Polytekhnic KievŠKP Poprad 20:1 SC Miercurea Ciuc

Group B Third Place Team #1ScoreTeam #2HK Polytekhnic Kiev 6:5 SC Miercurea Ciuc

Group B Final Team #1ScoreTeam #2ŠKP Poprad 4:5 HC Pardubice

Group C (Belgrade, FR Yugoslavia)

Group C Semifinals Team #1ScoreTeam #2HK Bulat Temirtau 12:1 HC Levski SofiaHK Partizan 5:1 HK Vojvodina

Group C Third Place Team #1ScoreTeam #2HK Vojvodina 2:4 HC Levski Sofia

Group C Final Team #1ScoreTeam #2HK Partizan 4:2 HK Bulat Temirtau

HDD Olimpija Ljubljana : bye

Final stage (Ljubljana, Slovenia)

Semifinals Team #1ScoreTeam #2HC Pardubice 6:1 HK PartizanHDD Olimpija Ljubljana 1:7 Salavat Yulaev Ufa

Third place match Team #1ScoreTeam #2HDD Olimpija Ljubljana 12:0 HK Partizan

Final Team #1ScoreTeam #2Salavat Yulaev Ufa 4:1 HC Pardubice

References Federation Cup 1995