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On 2 February 1998, Pamesa Valencia won its first Spanish national title, after beating Pinturas Bruguer Badalona, by a score of 89–75, in the final of the 1998 Copa del Rey, which was played in Valladolid. One year later, on 13 April 1999, the club played in the final of the 1998–99 FIBA Saporta Cup, but was defeated by Benetton Treviso, 64–60, in the final played in Zaragoza. Three years later, the club repeated the same success, but Montepaschi Siena won the final of the 2001–02 FIBA Saporta Cup, by a score of 81–71, in Lyon, France. Continuing on with some of the club's best years, the 2001–02 ACB season was historic for the club, as it reached the Spanish ACB League finals, where they could not win any games in their series against FC Barcelona. Before this first success in reaching the finals of the Spanish league's playoffs, Pamesa Valencia won its first European-wide title, by defeating Krka Novo Mesto in the 2002–03 ULEB Cup, which would then also allow the club to make its debut in the European top-tier level EuroLeague. In its first EuroLeague participation, Pamesa Valencia qualified for the Top 16, but was eliminated there, after not contesting its game at Nokia Arena against Maccabi Tel Aviv, adducing security issues in Israel. [5] On 18 April 2010, Power Electronics Valencia won its second European title, by beating Alba Berlin, 67–44, in the 2010 EuroCup Finals, which was played in Vitoria-Gasteiz. [6] This allowed the club to come back to the top level EuroLeague, seven years after its first participation in the tournament. This time, Valencia reached the EuroLeague quarterfinals, where it was eliminated by Real Madrid, who won the playoff series by a 3–2 margin. The club's third European-wide 2nd-tier level EuroCup title arrived on 7 May 2014, when Valencia beat UNICS Kazan, in the double-legged finals.