PJSC Yakovlev - Company Profile
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PJSC Yakovlev (Yakovlev), formerly Irkut Corp, manufactures aircraft and aircraft components. Products portfolio, R&D and focus on safety and quality are the company's major strengths, whereas dependence on Russia remains the cause for concern. Global aerospace and defense market, defense spending in Russia, global aircraft industry and strategic agreement are likely to offer growth opportunities to the company. However, stringent regulations, shortage of skilled labor in EU and government contract compliance could affect its business operations.
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