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A company called "GenTec", which is a Croatian business branch in Oman's capital Muscat, was founded in early September. Co-founder was an Arabic businessman. A total of EUR46,000 have been invested in the company so far, the executive director of the company and director of the AC Nielsen Croatia and Slovenia company said.
The Croatia-Oman trade is modest. In the first eight months of 2004 it amounted to only EUR600,000 or which 286,000 covered Croatia's exports.