1994–95 Ukrainian First League
1994–95 Ukrainian First League was the fourth season of the Ukrainian First League which was won by Zirka-NIBAS Kirovohrad. The season started on August 6, 1994, and finished on July 2, 1995. In the last round the Kiev club was only a point away and was visiting Oleksandriya, while the leading Zirka was hosting the former Premier League participant Bukovyna. The Kirovohrad club has managed to prevail with goals from Borysenko and Oliynyk becoming the season champions.
Promotion and relegation
Promoted teams
Four clubs promoted from the 1993–94 Ukrainian Second League.- FC Boryspil - champion '
- FC Bazhanovets Makaiivka - 2nd place '
- FC Zirka-NIBAS Kirovohrad - 3rd place '
- FC Naftokhimik Kremenchuk - 4th place '
Relegated teams
- FC Bukovyna Chernivtsi - 17th place '
- FC Metalist Kharkiv - 18th place '
Renamed teams
- FC Nord-Am-Podillya Khmelnytskyi was renamed back to FC Podillya Khmelnytskyi at the start of season
- FC Boryspil was renamed to FC Borysfen Boryspil at the start of season
- FC SBTS Sumy was renamed to FC Sumy at winter break
- FC Borysfen Boryspil was renamed to FC CSKA-Borysfen Kyiv at winter break
Teams
Final table
| Persha Liha 1994-95 Winners |
| Zirka-NIBAS Kirovohrad First title |
Top scorers
Statistics are taken from here.| Scorer | Goals | Team | |
| 1 |  Serhiy Chuichenko | 27 | Polihraftekhnika Oleksandriya |
| 2 | Andriy Husin | 21 | Dynamo-2 Kyiv |
| 3 | Oleksiy Hrachov | 18 | Naftovyk Okhtyrka |
| 4 | Vyacheslav Suvorov | 16 | Metalist Kharkiv |
| 5 | Valeriy Sofilkanych | 14 | Khimik Zhytomyr |
| 5 | Viktor Diak | 14 | Bazhanovets Makiivka |
| 5 | Vadym Plotnikov | 14 | Stal Alchevsk |
| 8 | Viktor Oliynyk | 13 | Zirka-NIBAS Kirovohrad |
| 9 | Kostyantyn Babych | 12 | Metalurh Nikopol |
| 10 | Oleksandr Omelchuk | 11 | Metalurh Nikopol |