The club was founded in 1946 under the name
KK Jedinstvo. From 1959 to 1967, the club competed under the name
KK Mladost until the name got changed to
KK Inex Brixol due to sponsorship reasons. In the 1968–69 season, they won first place in the Vojvodina lower-league. In 1977, the club changed its name again, this time to
KK Agropanonija. Four years later, in 1981, they again became champions of Vojvodina, which won them the right to participate in the
First B League, where they competed under the name
KK Vršac. In 1989, Inex Hemofarm became principal sponsor and club changed its name to
KK Inex.
The Hemofarm years: 1992–2012 Under the sponsorship of
Hemofarm since 1992, the club went from average participants of the lower leagues in
Vojvodina to one of the leading clubs in the country. In their first season under the name of
KK Hemofarm, they competed in the First League of Vojvodina and regularly improved. In the 1995–96 season, the team was led by
Marin Sedlaček, a young and ambitious coach, who led the team to a higher league. Hemofarm's top league status was achieved in the 1997–98 season, under the guidance of coach
Slobodan Lukić. The first season among the elite kept their survival, but during the 1999–2000 season, they finished fourth in the standings, providing their first trip to Europe in the
FIBA Korać Cup. As newcomers, they reached the finals under coach
Željko Lukajić during the 2000–01 season, where they fell short to
Spain's
Unicaja Málaga, which was headed by
Božidar Maljković. That same year, the team's quality was confirmed with placement at the National Cup final tournament, which was organized in
Vršac for the first time, at the opening of the
Millennium Centar. During the 2001–02 season, they played the playoff semifinal of the national championship, where they fell short to
Budućnost after five games. In the next season, they played in the final of the National Cup, where they were defeated by
FMP, and in the 2003–04 season, they once again fell short, playing in the National League finals against
Partizan. The 2004–05 season was the most successful in the club's history. As rookies, they won the regional
Adriatic League. Hemofarm finished the regular season in first place in the standings, and at the Final Eight in
Belgrade, they eliminated
Bosna,
FMP and
Partizan in the final. That same season, Vršac was again hosting the final tournament of the National Cup, but the club lost to
Budućnost in the first game. In the
ULEB Cup, they reached the semifinals, where they fell short by the
Greek team
Makedonikos. In the 2005–06 season, they once again played in the
ULEB Cup semifinals and took part in the Adriatic League Final Eight. In the 2006–07 season, they played in the semifinals of the National Cup and the Adriatic League semifinals. In the 2008–09 season, the team was taken over by
Stevan Karadžić who led them to the semifinals in all competitions;
Radivoj Korać Cup,
Basketball League of Serbia,
ABA League and
Eurocup. Reaching the Eurocup Final Eight in
Turin was a major success for Serbian basketball, especially as the club had the youngest team in the whole competition. In the first match of the tournament in
Italy, they bested the favored
Dynamo Moscow, but lost to
Lietuvos rytas, who went on to win the competition. In the middle of the 2011–12 season,
Hemofarm stopped financing the club after 20 years because of financial instabilities within the company. All of the players were informed that they were free to leave the club.
KK Vršac (2012–present) In the summer of 2012, the club changed its name back to
KK Vršac. A few days after the end of the 2023–24 season, on April 16, the club announced that it had signed a title sponsorship agreement with Meridianbet. ==Sponsorship naming==