The men's tournament will see games played in Kharkiv, Donetsk, Dnepropetrovsk and Kyiv; whilst Sopron, Gyor, Szombathely, Veszprem and Budapest will be the venues for the women.

"I would like to congratulate Ukraine and the large delegation of important personalities that came to Munich to support the bid," said FIBA Europe President Olafur Rafnsson.

"We all know that Ukraine is a big country, we have detected a lot of enthusiasm and the will to become one of the powerhouses of European basketball and I think they have everything they need to succeed.

"They have been organising and will organise big sporting events with great success."

Ukraine won following the withdrawal of a joint bid from Croatia, France, Germany and Italy from the race to host the tournament in four years' time due to concerns over the bidding process, and 1988 Olympic pole vault champion Sergey Bubka, who is now President of the Ukrainian Olympic Committee, was delighted with the news.

It gives Ukrainian sport something else to look forward to after the Euro 2012 football tournament, which they are co-hosting with Poland. 

"This is a great historical decision for Ukrainian sport, for Ukrainian basketball and European Basketball and we promise to deliver the best EuroBasket in our country," said Bubka, who is also a member of the International Olympic Committee, the head of the bid. 

"As President of the Olympic Committee of Ukraine, I am obliged to do my best for this great opportunity you have given us,"

Ukrainian Basketball Federation President Oleksandr Volkov added: "Ukraine is a big country and I am sure that the EuroBasket will unite it in the same way that football has done now."

Hungary fended off a bid from Belarus, though FIBA Europe's Secretary General Nar Zanolin congratulated them on their hard work.

"To the Hungarian Federation I'd like to say that there will be demands for an event of such high level, but knowing the people that will work for this event I am more than sure that all requirements will be met," he said.

Hungarian Secretary of State for Sport Attila Czene said: "We can now happily tell everyone that we will host EuroBasket Women 2015.

"Our aim in Hungary is to invest in sport and basketball is a main team sport."

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