Brandt Hagen
Encyclopedia
BBV Hagen is a basketball
Basketball
Basketball is a team sport in which two teams of five players try to score points by throwing or "shooting" a ball through the top of a basketball hoop while following a set of rules...

 club from Hagen
Hagen
Hagen is the 39th-largest city in Germany, located in the federal state of North Rhine-Westphalia. It is located on the eastern edge of the Ruhr area, 15 km south of Dortmund, where the rivers Lenne, Volme and Ennepe meet the river Ruhr...

 in Germany
Germany
Germany , officially the Federal Republic of Germany , is a federal parliamentary republic in Europe. The country consists of 16 states while the capital and largest city is Berlin. Germany covers an area of 357,021 km2 and has a largely temperate seasonal climate...

.
It is the successor of Brandt Hagen, a professional club that had considerable success in the German Basketball Bundesliga
Basketball Bundesliga
The Basketball Bundesliga — commonly abbreviated BBL — is the highest level league of club basketball in Germany. The league comprises 18 teams. A BBL season is split into a league stage and a playoff stage...

 in the 90s. In April 1990 the club was formed by merging the basketball teams of SSV Goldstar
GoldStar
GoldStar was an electronics company established in 1958. The corporate name was changed to LG Electronics and LG Cable in 1995 after merging with Korean competitor Lucky...

 Hagen and TSV Hagen 1860 . The two clubs were among the founding members of the Basketball Bundesliga
Basketball Bundesliga
The Basketball Bundesliga — commonly abbreviated BBL — is the highest level league of club basketball in Germany. The league comprises 18 teams. A BBL season is split into a league stage and a playoff stage...

 (BBL), the top league of German basketball . Also at the time of merger both teams played in the BBL. The name "Brandt Hagen" for the new club originated from the main sponsor Brandt Zwieback
Brandt (company)
Brandt Zwieback-Schokoladen GmbH + Co. KG is a zwieback and chocolate producer in Germany. The company was established in 12 October 1912 in Hagen by Carl Brandt. In 2007, director Peter Scharf made a documentary on the company's history for WDR....

, a well known producer of zwieback
Zwieback
Zwieback is a type of crisp, sweetened bread, made with eggs and baked twice.It is sliced before it is baked a second time, which produces crisp, brittle slices that closely resemble melba toast...

 in Germany. The company has its roots in Hagen. Starting with the season 1990/1991 Brandt Hagen was a member of the Basketball Bundesliga
Basketball Bundesliga
The Basketball Bundesliga — commonly abbreviated BBL — is the highest level league of club basketball in Germany. The league comprises 18 teams. A BBL season is split into a league stage and a playoff stage...

 continuously until 2004. In 1994 the German Cup was won. Until 2003 the club played in the gym Ischelandhalle in Hagen. Then the arena capacity of 1800 was no longer sufficient for the BBL. In the 2003/2004 season Brandt Hagen opted to play in the bigger Helmut-Körnig-Halle in Dortmund
Dortmund
Dortmund is a city in Germany. It is located in the Bundesland of North Rhine-Westphalia, in the Ruhr area. Its population of 585,045 makes it the 7th largest city in Germany and the 34th largest in the European Union....

. Plans for a bigger arena in Hagen were drawn. However the arena in Dortmund caused problems: the costs for the rent were higher and smaller audiences attended the matches than in Hagen. At the same time main sponsor Brandt reduced its financial support. The club applied for insolvency
Insolvency
Insolvency means the inability to pay one's debts as they fall due. Usually used to refer to a business, insolvency refers to the inability of a company to pay off its debts.Business insolvency is defined in two different ways:...

 in December 2003 with a financial deficit of DM400,000 , which could not be sorted and lead to the termination of all club operations.
Shortly afterwards, the newly formed BBV Hagen took over Brandt Hagen's heritage. Relegated to the Regionalliga (3rd division in 2004, 4th division since 2007) to restructure, the BBV Hagen tries to return to the former glory of its predecessors SSV Hagen and Brandt Hagen. Since 2009 a different Team from Hagen, Phoenix Hagen
Phoenix Hagen
Phoenix Hagen GmbH is a German professional basketball club that is based in Hagen.-History:The club was founded in May 2004 in the wake of the insolvency of former top club Brandt Hagen. Brandt Hagen was forced to cease club operation in the Basketball Bundesliga immediately in December 2003...

, is playing in the Basketball Bundesliga.

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