The 1994–95 Divizia B was the 55th season of the second tier of the Romanian football league system. The format has been maintained to two series, each of them having 18 teams. At the end of the season, the winners of the series promoted to Divizia A and the last two places from both series relegated to Divizia C. The teams which were ranked 2nd played a promotion/relegation play-off against teams ranked 15th and 16th in the Divizia A and teams ranked 15th and 16th in the Divizia B in both series, played a relegation/promotion play-off against the 2nd places from Divizia C.

Team changes

To Divizia B

Promoted from Divizia C Relegated from Divizia A

From Divizia B

Relegated to Divizia C Promoted to Divizia A

Renamed teams

Gloria CFR Galați was renamed as Constant Galați. Chimia Râmnicu Vâlcea was renamed as FC Râmnicu Vâlcea.

League tables

Serie I

Serie II

Promotion play-off

The 15th and 16th-placed teams of the Divizia A faced the 3rd and 2nd-placed teams of the Divizia B. The matches were played on neutral ground, the first one on the Municipal Stadium in Sfântu Gheorghe and the second one on the Tineretului Stadium in Brașov.

Relegation play-off

The 15th and 16th-placed teams of the Divizia B faced the 2nd-placed teams of the Divizia C. The matches were played on neutral ground, the first one on the Municipal Stadium in Buzău, the second one on the Astra Stadium in Ploiești, the third one on the Electro-Precizia Stadium in Săcele and the last one on the Gloria Stadium in Bistrița.

Top scorers