AP NEWS
Related topics

Compaq Computer Opens Polish Subsidiary

November 30, 1993

WARSAW, Poland (AP) _ Compaq Computer Corp. opened a subsidiary in Poland Tuesday.

The unit is the second in Eastern Europe for Compaq, which opened an office in Hungary last month.

It first began selling personal computers in Poland three years and has since developed a network of 115 distributors.

The company said independent forecasts predict sales to grow at a 15 percent annual rate in Poland for several years. The market for PCs in Poland was $215 million in 1992, Compaq said.

Worldwide growth for PCs is expected to be around 18 percent this year, according to several market analysts.

Compaq aims to be the biggest PC seller in the country with 10 to 15 percent of the market, Zelimir Ilic, a company vice president and managing director for business development said at a news conference.

Houston-based Compaq is the world’s third-largest maker of personal computers, behind International Business Machines Corp. and Apple Computer Inc.

AP RADIO
Update hourly