1938–39 Divizia B

The 1938–39 Divizia B was the fifth season of the second tier of the Romanian football league system.

The format has been changed, from two series of 12 teams to four regional series of 10 teams. The winners of the series played a promotion play-off and only the first three places promoted to Divizia A.

To Divizia B
Promoted from Divizia C
 * IS Câmpia Turzii
 * Turda București
 * Mociornița Colțea București
 * Minerul Lupeni
 * Monopol Târgu Mureș
 * Traian Tighina
 * Mihai Viteazul Chișinău

Relegated from Divizia A
 * Unirea Tricolor București
 * Universitatea Cluj
 * CA Oradea
 * Vulturii Textila Lugoj
 * Jiul Petroșani
 * Crișana Oradea
 * CFR Brașov
 * Dacia Unirea Brăila
 * Olimpia CFR Satu Mare
 * Dragoș Vodă Cernăuți

From Divizia B
Relegated to Divizia C

Promoted to Divizia A
 * Tricolor Ploiești
 * UD Reșița

Renamed teams
Victoria Constanța was renamed as AS Constanța.

Enrolled teams
Victoria CFR Iași and Luceafărul București were enrolled in Divizia B.

Disqualified teams
Telefon Club București withdrew from Divizia B.

Promotion play-off
Winners of the series played a promotion play-off to decide the first three team which promoted to Divizia A.

Round 1

 * 4–1||0–1
 * 2–2||0–0
 * }
 * }

Round 2

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Round 3

 * 4–1||0–2
 * }
 * }

Notes:
 * CAM Timișoara, Unirea Tricolor București and Gloria CFR Galați promoted to 1939–40 Divizia A.