The club was founded in 2003 and plays in the Bosnia and Herzegovina Hockey League.

HK Alfa finished the 2009–10 regular season in last place, winning only three of their ten games.

During the season the team played under the name of Medvjedi iz Novog Sarajeva.

[2] During the 2010–11 season HK Alfa also competed in the Jaroslav Jandourek Cup.

[4] Bosnia and Herzegovina Hockey League Jaroslav Jandourek Cup