Partnership for sustainable development: Ukrfavorit LLC and the State Department – Casting Production Center signed a Memorandum

On May 28, 2025, a Memorandum of Partnership and Cooperation was signed in Kyiv between Ukrfavorit LLC and the State Department – Casting Production Center of the Ministry of Industrial Policy of Ukraine.

Purpose of the Memorandum

To promote cooperation between the Parties on matters of mutual interest and to reach agreements on the implementation of common goals.

By combining efforts and systematic interaction, we can work together to improve the environment and achieve effective and tangible environmental recovery.

To promote the development of the foundry industry as a component for the revival of Ukraine’s industrial complex, ensuring defense capability with necessary products and the development of Ukraine’s industrial sector.

Priority areas of cooperation

The parties will develop cooperation in the field of private sector development and entrepreneurship, promote the improvement of CSR through joint initiatives aimed at strengthening the capacities of civil society organizations, private sector representatives, and other actors in this field.

The parties will cooperate in the fields of foundry, industry, and environmental protection.

Partnership with a long-term vision

The memorandum is valid for a period of five years, with the possibility of revision and amendment by mutual agreement. The cooperation aims not only to achieve industry results, but also to strengthen the social impact of business in the context of contemporary challenges.

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