Expansion in Central Eastern Europe

Reach

22 March 2021

SEC Newgate S.p.A.

("SEC Newgate" or the "Group")

Business expansion in Central Eastern Europe with new hub in Warsaw

SEC Newgate S.p.A. (AIM: SECN), the insight-driven global strategic communications group that works at the nexus of business, politics, communities, markets and media, announces the establishment of a new commercial venture, SEC Newgate CEE (Central Eastern Europe) to accelerate the Group's development across the Eastern Europe Region.

SEC Newgate CEE is a newly incorporated agency, in which the Group has a 55% ownership with the balance held by the agency's senior management. The agency's co-founders are Publicis Groupe veterans Sebastian Hejnowski and Zofia Bugajna-Kasdepke, previously responsible for MSL Group's growth in CEE, and Joanna Poniatowska, former brand manager of TVN Grupa and Vogue Polska.

From the hub based in Warsaw, the office is launched with 20 specialists, bringing together industry experts in PA, PR and Creativity, and serving a range of clients. The new addition to SEC Newgate group will be responsible for business opportunities and expansion of activities in Czech Republic, Slovakia, Hungary, Romania, Bulgaria, Lithuania, Latvia, Estonia, Belarus, Ukraine, and Moldova.

Fiorenzo Tagliabue, Group CEO of SEC Newgate S.p.A., commented: "With over 110 million inhabitants and an overall GDP exceeding 1200 billion dollars this is a huge market with enormous potential. Central Eastern Europe, in fact, has long standing ties to Europe's wider economy while the region's own economies are uniting to generate fast growth pace and innovation. I am confident SEC Newgate's flexible and agile approach shown by this initiative will be exactly what is needed to get the best out of such remarkable potential."

Sebastian Hejnowski, CEO of SEC Newgate CEE, commented: "There is room for another strong European player in the advocacy field in CEE. I am happy to support SEC Newgate group's commitment to grow in the region and become one of the European top players in corporate and public affairs."

Ends

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Notes to Editors

· SEC Newgate is an award winning strategic communications firm, which ranks in the Top 30 groups in the world. The Agency's team consists of about 600 staff, working in 37 offices across 5 continents.

· SEC Newgate's focus is on achieving positive outcomes through communications, advocacy and research, helping clients clearly demonstrate their purpose, value, and impact locally, nationally and internationally.

· Further information is available at the Group's website: www.secnewgate.com 

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