The Russian Penguins were a professional touring Russianice hockey club that competed in the 1993–94 IHL season, playing one game against each of the 13 teams involved in the regular IHL season. The results of the games played by the Russian Penguins counted in the standings for that season. The Penguins finished with a record of 2 wins, 9 losses, and 2 overtime losses earning them 6 points.
In 1993, Pittsburgh Penguins owner Howard Baldwin bought a 50 percent interest in the struggling HC CSKA Moscow team and signed a management contract to run that club's arena. The aim was to provide the team with Western sponsorship and much-needed capital, as well as providing the Pittsburgh club with easier access to Russian players. The partnership lasted two years until Baldwin and other sponsors pulled out.