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April 4, 1996

COMPAQ PLANS EUROPEAN EXPANSION

By CBR Staff Writer

Compaq Computer Corp says it aims to conquer the Croatian market by 2000 and start business in neighbouring Bosnia and Serbia. This year Compaq is opening subsidiaries in Greece, Turkey and Israel, and investing more and more money in eastern Europe and Croatia. It says sales in Croatia, in co-operation with partners, rose 30% last year and now it plans to expand eastwards.

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