Dutch paper Handelsblad has reported Unilever is seeking to save €120m (£84m) on its annual €1bn European media buying and planning account, which was won by MindShare on Friday.
Unilever spokesman Tom Gordijn told the paper: "We intend to step up our advertising spending. I can not say how much we are going to spend, but it is clear that for a company of brands like Unilever, marketing and advertising is very important."
He added: "I can not comment on the figures, they are not from us. It is clear that we are seeking to get services at a lower price."
MindShare won the pan-European account after a pitch process that also included Initiative, the incumbent on the UK and a raft of European accounts, and Carat.
Previously, WPP-owned MindShare had only held the Italy and Germany accounts before winning the business across all divisions and in 15 European markets.
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