The Federation Cup 1994-1995 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
Group A Semifinals
| Team #1 | Score | Team #2 |
|---|---|---|
Salavat Yulaev Ufa 
|
21:1 |  KHL Medveščak Zagreb
|
KS Unia Oświęcim 
|
3:2 |  Alba Volán Székesfehérvár
|
Group A Third Place
| Team #1 | Score | Team #2 |
|---|---|---|
| Alba Volán Székesfehérvár
|
13:2 | KHL Medveščak Zagreb
|
Group A Final
| Team #1 | Score | Team #2 |
|---|---|---|
| KS Unia Oświęcim
|
2:10 | Salavat Yulaev Ufa
|
Group B
Group B Semifinals
| Team #1 | Score | Team #2 |
|---|---|---|
HC Pardubice 
|
12:2 |  HK Polytekhnic Kyiv
|
ŠKP Poprad 
|
20:1 |  SC Miercurea Ciuc
|
Group B Third Place
| Team #1 | Score | Team #2 |
|---|---|---|
| HK Polytekhnic Kyiv
|
6:5 | SC Miercurea Ciuc
|
Group B Final
| Team #1 | Score | Team #2 |
|---|---|---|
| ŠKP Poprad
|
4:5 | HC Pardubice
|
Group C
Group C Semifinals
| Team #1 | Score | Team #2 |
|---|---|---|
HK Bulat Temirtau 
|
12:1 |  HK Levski Sofia
|
HK Partizan 
|
5:1 | HK Vojvodina
|
Group C Third Place
| Team #1 | Score | Team #2 |
|---|---|---|
| HK Vojvodina
|
2:4 | HK Levski Sofia
|
Group C Final
| Team #1 | Score | Team #2 |
|---|---|---|
| HK Partizan
|
4:2 | HK Bulat Temirtau
|
HDD Olimpija Ljubljana : bye
Final stage
Semifinals
| Team #1 | Score | Team #2 |
|---|---|---|
| HC Pardubice
|
6:1 | HK Partizan
|
| HDD Olimpija Ljubljana
|
1:7 | Salavat Yulaev Ufa
|
Third place match
| Team #1 | Score | Team #2 |
|---|---|---|
| HDD Olimpija Ljubljana
|
12:0 | HK Partizan
|
Final
| Team #1 | Score | Team #2 |
|---|---|---|
| Salavat Yulaev Ufa
|
4:1 | HC Pardubice
|
