Headvertising expecting 25% growth in 2008

The estimated growth is expected to come from increasing communications activities of its clients and the winning of several tenders for advertising contracts, said Headvertising’s CFO, Mihai Cocea. Earlier this year, the agency took over the creation operations for Inbev beer producer brands Stella Artois and Beck’s, previously operated by McCann Erikson advertising agency.

Headvertising also does creation work for pension fund ING Pensii, business advisory company Genpact, Untdelemn de la Bunica edible oil, and fresh fruit drink producer Santal. Several clients, including furniture producer Neoset, exited the agency’s portfolio.