KrAZ is a factory in Kremenchuk, Ukraine, that produces trucks and other special-purpose vehicles, particularly heavy-duty off-road models. The factory was incorporated as a holding company combining several other factories nationwide and becoming the industrial wing of the finance-industrial group Finance and Credit, which also held the Finance and Credit bank.

Kremenchuk is an industrial city in central Ukraine which stands on the banks of the Dnieper River. The city serves as the administrative center of Kremenchuk Raion within Poltava Oblast. Kremenchuk also hosts the administration of Kremenchuk urban hromada, one of the hromadas of Ukraine. Its population is approximately 215,271, ranking 31st in Ukraine. In 2001, the Ukrainian government included the city in the list of historical settlements.