The 1994–95 Vyshcha Liha season was the 4th since its establishment. FC Dynamo Kyiv were the defending champions.

Teams

Promotions

• Prykarpattia Ivano-Frankivsk, the champion of the 1993–94 Ukrainian First League – (returning after two seasons of absence)
• Evis Mykolaiv, the runner-up of the 1993–94 Ukrainian First League – (returning after two seasons of absence)

Renamed

• On 2 October 1994 Evis Mykolaiv changed its name to SC Mykolaiv.
• During the season, Metalurh Zaporizhzhia also carried the name Metalurh-Viktor Zaporizhzhia (after a local entrepreneur Viktor Oharenko).

Location

Zaporizhzhia

Zaporizhzhia teams :
Metalurh
Torpedo

Prykarpattia

Nyva V.

Temp

Chornomorets

Veres

Dnipro

Dynamo

Kryvbas

Karpaty

Kremin

Mykolaiv

Nyva T.

Tavriya

Shakhtar

Volyn

Zorya-MALS

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Locations of teams home grounds in Ukrainian Premier League 1994-95

Managers

Club	Coach	Replaced Coach	Home stadium
FC Dynamo Kyiv	Mykola Pavlov	Yozhef Sabo 17 games Volodymyr Onyschenko 5 games	Republican Stadium
FC Chornomorets Odesa	Leonid Buriak		Black Sea Shipping Stadium
FC Dnipro Dnipropetrovsk	Bernd Stange	Mykola Pavlov 17 games Oleksandr Lysenko 6 games	Meteor Stadium
FC Shakhtar Donetsk	Vladimir Salkov	Valery Yaremchenko 17 games	Shakhtar Stadium
SC Tavriya Simferopol	Anatoliy Zayaev	Pavlo Kostin 10 games Andriy Cheremysin 7 games Vitaliy Shalychev 10 games	Lokomotyv Stadium
FC Kryvbas Kryvyi Rih	Yuriy Koval	Volodymyr Brukhtiy 4 games Anatoliy Bida 1 game Viktor Kuznetsov 17 games Valentyn Laktionov 3 games	Metalurh Stadium
FC Torpedo Zaporizhzhia	Ihor Nadein		AvtoZAZ Stadium
FC Karpaty Lviv	Myron Markevych		Ukraina Stadium
FC Metalurh Zaporizhzhia	Oleksandr Tomakh	Anatoliy Kuksov 7 games	Metalurh Stadium
FC Kremin Kremenchuk	Tiberiy Korponay	Evhen Rudakov 4 games	Dnipro Stadium
FC Prykarpattia Ivano-Frankivsk	Ihor Yurchenko		Elektron Stadium
FC Nyva Ternopil	Ihor Yavorskyi	Valeriy Dushkov 11 games	City Stadium
SC Mykolaiv	Yevhen Kucherevskyi	Valery Zhuravko 10 games Leonid Koltun 1 game	Central City Stadium
FC Nyva Vinnytsia	Serhiy Morozov	Oleksandr Bobaryko 22 games Yuriy Koval 2 games	Central City Stadium
FC Volyn Lutsk	Vitaliy Kvartsyanyi	Roman Pokora 8 games	Avanhard Stadium
FC Zorya-MALS	Oleksandr Zhuravliov	Volodymyr Kobzarev 17 games Yuriy Sevastyanov 3 games Anatoliy Korshykov 3 games	Avanhard Stadium
FC Temp Shepetivka	Revaz Dzodzuashvili	Leonid Tkachenko 16 games Stanislav Bernykov 8 games	Temp Stadium
FC Veres Rivne	Mykhailo Fomenko	Vyacheslav Kobyletskyi 16 games Orest Bal 5 games Ivan Krasnetskyi(7 games)	Avanhard Stadium

Changes

Team	Outgoing head coach	Manner of departure	Date of vacancy	Table	Incoming head coach	Date of appointment	Table
FC Chornomorets Odesa	Viktor Prokopenko			pre-season	Leonid Buriak		pre-season
FC Nyva Ternopil	Leonid Buriak			pre-season	Valeriy Dushkov		pre-season
FC Nyva Vinnytsia	Yukhym Shkolnykov			pre-season	Oleksandr Bobaryko		pre-season
FC Kremin Kremenchuk	Yevhen Rudakov		July 1994		Tiberiy Korponay	1 August 1994
SC Tavriya Simferopol	Pavlo Kostin	Perished in car accident	end of September		Andriy Cheremysin (interim)	3 October 1994
SC Tavriya Simferopol	Andriy Cheremysin (interim)	Mutual consent	winter break		Vitaliy Shalychev	February 1995
SC Tavriya Simferopol	Vitaliy Shalychev		May 1995		Anatoliy Zayaev	May 1995

Notes:

• The new 1994-95 season SC Tavriya Simferopol under leadership of a coach Pavlo Kostin (native of Chornomorske Raion, Crimea). Sometime after the game against Volyn (Round 10) on 23 September 1994 in Simferopol, Kostin (43 years old) perished in a car accident along with his wife.^[1] According to some sources (footballfacts.ru), Kostin perished on 15 September 1994.^[2]

League table