Comércio puxa alta recorde nas recuperações judiciais

Por Valor Econômico

A recessão econômica bateu forte sobre o consumo das famílias no ano passado, com efeitos nocivos sobre a saúde financeira das empresas, especialmente dos ramos do comércio e dos serviços. Segundo dados da Serasa Experian obtidos com exclusividade pelo Valor, no ano passado os pedidos de recuperação judicial aumentaram 51,2% no comércio e 48,5% em serviços, depois de altas já expressivas no ano anterior.

Na indústria, o avanço foi um pouco menor, mas ainda assim bastante expressivo, com alta de 24,5%, afirma Luiz Rabi, economista ­chefe da Serasa. Em todos os setores o número de pedidos foi recorde desde o início da Lei de Falências, em 2005.

No total, o uso do instrumento cresceu 44,8% em 2016, somando 1.863 pedidos. Em 2015, foram 1.287 requisições.

Em termos absolutos, foi o setor de serviços que registrou o maior número de pedidos, com 713 solicitações, contra 480 no ano anterior. No comércio, foram 611 pedidos e, na indústria, 446. A recuperação judicial é uma medida jurídica legal utilizada pela empresa para tentar evitar a falência, com a definição de um plano de resgate e uma reestruturação dos negócios.

Para Rabi, três fatores estão pesando sobre a saúde financeira das empresas. O primeiro é a profunda recessão econômica, que se arrasta desde o segundo trimestre de 2014, com dois anos consecutivos de intensa queda do Produto Interno Bruto (PIB), afirma Rabi. “Isso impacta qualquer fluxo de caixa. A receita não entra, mas as despesas estão todas lá”, afirma.

O atual ciclo econômico também tem se caracterizado por uma profunda retração do consumo das famílias, diante do aumento do desemprego, que ocorreu principalmente ao longo do ano passado, diz o economista.

Segundo o Instituto Brasileiro de Geografia e Estatística (IBGE), a taxa de desocupação alcançou 11,9% em novembro e o Ministério do Trabalho mostra que mais de 1 milhão de postos formais de trabalho foram fechados ao longo dos últimos 12 meses, o que derrubou a demanda. Nos quatro trimestres encerrados em setembro, último dado disponível, o consumo das famílias acumulava queda de 5,2%, mais do que o recuo de 4,4% do PIB total no período, ainda de acordo com o IBGE.

“E o consumo representa 60% do PIB, o que torna o caráter recessivo mais grave”, afirma Rabi, mencionando que dados da Serasa também mostraram que o varejo teve no ano passado o pior desempenho em 16 anos, superando até mesmo 2001, o ano do apagão.

Além do mercado de trabalho em deterioração, o consumo ­ e a saúde financeira das empresas ­ também sofre com a falta de disponibilidade de crédito. “O saldo de concessões para pessoa jurídica teve queda real novembro e a taxa de juros está na estratosfera”, diz.

Para Rabi, não dá para isolar um dos fatores ao explicar os mais de 1,8 mil pedidos de recuperação judicial do ano passado, um recorde histórico.

Yan Cattani, economista da Boa Vista Serviços, que também acompanha a evolução desses registros, ressalta que os pedidos de falência seguiram na mesma direção. Segundo os dados compilados em fóruns, varas de falência e nos diários oficiais dos Estados pela instituição, no ano passado os pedidos de falência aumentaram 12,2%, depois de uma alta de 16,4% em 2015. “Falta capital de giro para as empresas, que não estão conseguindo dar conta da situação”, diz.

Para ele, a variável-chave para que as companhias recuperem seus balanços é o mercado de trabalho. A queda dos juros, afirma, pode até ajudar, mas a demanda por crédito por parte do consumidor continua muito baixa, indicando que falta confiança.

Para Rabi, esse é um reflexo do processo de redução da inadimplência das famílias, que começou a ser observada em meados do ano passado. Segundo dados da Serasa, 60 milhões de brasileiros tinham contas em atraso em abril, número que caiu para 59 milhões em novembro, segundo dado da Serasa antecipado ao Valor.

Esse é, em sua avaliação, o primeiro sinal “menos negativo” no quadro de stress financeiro que as empresas atravessam. Aparentemente, diz, as famílias estão conseguindo quitar dívidas e reduzir seu endividamento, já que a inadimplência das famílias se estabilizou. A expectativa é que em um segundo momento caia também os atrasos de pagamento entre as firmas.

Segundo Rabi, hoje mais de 50% das companhias têm contas em atraso, e só quando esse indicador melhorar é que há a possibilidade de estabilização dos pedidos de recuperação judicial.

Ele considera esse um cenário provável para 2017, até por causa da expectativa de forte queda da taxa básica de juros ao longo do ano. Ontem o Comitê de Política Monetária (Copom) do Banco Central surpreendeu ao reduzir a Selic em 0,75 ponto percentual. A maioria dos analistas esperava um corte de 0,5 ponto.

Mesmo assim, afirma o economista da Serasa, não dá para esperar uma queda dos pedidos de recuperação judicial em 2017, afirma. “Ainda deve subir, mas bem menos do que 2016”, diz.

Cattani, da Boa Vista, concorda. O ritmo de desaceleração de falências e recuperações judiciais deve ser lento, mas “a esperança” é que as variações não repitam as expressivas altas observadas no ano passado.

Para os dois analistas, o pacote lançado pelo presidente Michel Temer no fim de 2016, com parcelamento de débitos tributários pelas empresas e possibilidade de saque de contas inativas do Fundo de Garantia do Tempo de Serviço (FGTS) é positivo, mas não resolve a questão. “Toda medida ajuda, mas os principais beneficiados são as empresas de maior porte, sendo que a maior parte dos pedidos concentra­se em pequenas empresas”, diz Cattani.

Segundo dados da Boa Vista, as companhias de pequeno porte foram as responsáveis por 93% dos pedidos de recuperação judicial e 86% dos pedidos de falência no ano passado.

123 comentários

  1. I just want to tell you that I’m newbie to blogs and absolutely enjoyed you’re web page. Almost certainly I’m likely to bookmark your blog post . You definitely come with incredible articles. Kudos for sharing with us your web site.

  2. I discovered your blog post internet site on yahoo and check several of your early posts. Continue to keep within the excellent operate. I merely additional increase your Rss to my MSN News Reader. Looking for forward to reading a lot more on your part down the line!…

  3. This webpage has thus lots very good data on it, I verify on it everyday. I would like different websites spent as much work as this one does generating facts legible to readers like myself. i like to recommend this page to all of my facebook friends. This webpage will create some massive passive profit i’m positive. I hope my site will in addition to the current one, it refers to jewellery shoppers houston

  4. The next occasion I read a weblog, I’m hoping that it doesnt disappoint me around brussels. After all, It was my choice to read, but I just thought youd have some thing fascinating to express. All I hear is really a number of whining about something that you could fix when you werent too busy searching for attention.

  5. I am often to blogging and i genuinely appreciate your articles. The article has truly peaks my interest. My goal is to bookmark your site and maintain checking choosing details.

  6. It truly is nearly impossible to encounter well-qualified readers on this matter, and yet you seem like you understand the things that you’re writing on! Thank You

  7. Faytech North America is a touch screen Manufacturer of both monitors and pcs. They specialize in the design, development, manufacturing and marketing of Capacitive touch screen, Resistive touch screen, Industrial touch screen, IP65 touch screen, touchscreen monitors and integrated touchscreen PCs. Contact them at http://www.faytech.us, 121 Varick Street, New York, NY 10013, +1 646 205 3214

  8. It happens to be appropriate opportunity to create some schemes for the long-term. I have scan this write-up and if I may possibly, I want to propose you number of interesting suggestions.

  9. Emery EPS is a Search Engine Optimization company that provides SEO Services. Their proprietary SEO strategies help struggling websites and aspiring business owners to rank their websites higher in multiple search engines like Google , Yahoo and Bing. They provide local and gmb map ranking for businesses in Coasta Rica, New York, Los Angeles, Portland, Sacramento, Phoenix, Las Vegas, Denver, Houston, California and many other local areas. Find more at https://www.emeryeps.com.

  10. It is actually mostly close to impossible to encounter well-updated users on this content, nonetheless you seem like you are familiar with what you’re posting on! Appreciate It

  11. You’ll find it practically close to impossible to encounter well-qualified americans on this subject, still, you appear like you realize the things you’re revealing! With Thanks

  12. Greetings there, just became aware about your article through Search engine, and have found that it is truly good. I’ll value should you decide retain this informative article.

  13. I merely have to advise you that I am new to wordpress blogging and absolutely valued your report. Probably I am probably to store your blog post . You seriously have stunning article content. Be Thankful For it for share-out with us your web post

  14. I just desire to tell you that I am new to blogging and certainly valued your post. Very likely I am prone to save your blog post . You certainly have lovely article materials. Like it for discussing with us all of your internet site report

  15. I really need to notify you that I am new to posting and clearly admired your review. More than likely I am probably to store your blog post . You absolutely have lovely article content. Appreciate it for share-out with us your very own internet webpage

  16. There are some attention-grabbing closing dates in this article however I don’t know if I see all of them heart to heart. There is some validity but I’ll take maintain opinion until I look into it further. Good article , thanks and we would like extra! Added to FeedBurner as nicely

  17. I simply want to say I am just all new to blogging and site-building and certainly loved this website. Very likely I’m planning to bookmark your site . You certainly come with exceptional articles. Thank you for revealing your website.

  18. I simply want to say I’m all new to blogs and definitely liked you’re page. Likely I’m planning to bookmark your site . You absolutely come with very good writings. Bless you for revealing your web-site.

  19. wonderful post, very informative. I wonder why the other experts of this sector do not notice this. You must continue your writing. I’m sure, you’ve a great readers’ base already!

  20. Wow! This can be one particular of the most beneficial blogs We’ve ever arrive across on this subject. Actually Wonderful. I am also a specialist in this topic therefore I can understand your effort.

  21. Nice post. I find out something very complicated on various blogs everyday. Most commonly it is stimulating you just read content using their company writers and rehearse something from their website. I’d choose to use some with the content on my small weblog no matter whether you do not mind. Natually I’ll give you a link on the internet blog. Many thanks sharing.

  22. También conocen nuestra forma de trabajar y nuestras metas que son la de satisfacer a las personas que contratan nuestro servicio tecnico. Además de esto, tenemos acceso un gran almacén de repuestos siendo nuestra compra al mayor, donde la gran cantidad de ejemplares provoca un marcado abaratamiento en la reparación de sus electrodomésticos, influyendo esto positivamente en su factura. Trabajamos con la máxima instrucción y celeridad con unas tarifas incomparables para dejar su Cocinas Teka como nueva.

  23. Nuestra dilatada experiencia y la fidelidad de nuestros clientes nos han permitido continuar crecer, adaptar y mejorar nuestros procesos y maquinaria. Otorgamos a nuestros clientes una respuesta rápida, tocando diversos materiales y tratamientos, que nos permiten dar un servicio integral de pieza.

  24. Torno : el torno es la máquina herramienta de mecanizado más difundida, éstas son en la industria las de uso más general, la pieza se fija en el plato del torno, que realiza el movimiento de corte girando sobre su eje, la cuchilla realiza el movimiento de avance eliminando el material en los sitios precisos.

  25. En el caso de que en el plazo de un mes desde que el SAT avisará al cliente de que ya estaba finalizada la reparación éste no fuera a recogerlo, el establecimiento estaría en su derecho de cobrarle los gastos de estancia del producto en taller, aunque siempre conforme a las tarifas de precios expuestas al público en el mismo. Ahora puede DESCARGAR nuestra APLICACIÓN PARA EL MÓVIL, ya que somos la PRIMERA Y ÚNICA empresa en Madrid con esta tecnología para una mayor satisfacción y comodidad de nuestros clientes. Una red de técnicos a su disposición, garantizan una cobertura provincial y un excelente servicio, que le atenderán los 7 días de la semana, incluidos festivos nacionales en cualquier zona de la región.

  26. Siempre trabajamos con repuestos compatibles de la marca Liebherr , alargando así la vida útil de su electrodoméstico, dejando su lavadora con iguales características que cuando la compro, solo llamenos al 929 5. Nuestra empresa tiene una larga experiencia para solucionar las averias que se podrian presentar en su lavadora Liebherr, aunque no somos el servicio técnico oficial de la marca. A continuación mostramos el vídeo de introducción a los servicios que ofrecemos,el cual se ubica en el enlace de como reparación de electrodomésticos en murcia. Asistencia técnica Samsung en Baix Llobregat, servicio tecnico Samsung Baix Llobregat.

  27. Trabajamos en equipo para ser referentes en calidad en el sector de mecanizados en España y a nivel internacional. 54. Bulón mecanizado por decoletaje en acero © Kuzu, S.L. 24. Pieza especial mecanizada por decoletaje en acero © Kuzu, S.L. Más de 30 años de experiencia nos avalan en la industria del mecanizado de piezas y decoletaje, gracias a nuestro equipo humano que considera su trabajo como un oficio de arte y precisión, hemos evolucionado.

  28. Indistintamente de si hablamos de máquinas controladas por levas CNC, podemos encontrarnos con tornos de cabezal móvil (el desplazamiento axial lo realiza el cabezal y cuentan con una luneta cañón de guiado), de cabezal fijo (el desplazamiento axial lo realizan las herramientas) multihusillos (cuentan con varios husillos , generalmente 6 u 8, que mecanizan varias piezas simultáneamente, dividiendo el tiempo de mecanizado).

  29. Hola,con la crisis..hay que hacer inventos!Quiero decir yo me dedico a comprar neveras no-frost , con 2 motores y 2 termostatos(sin electronica ,antiquas)areglarlo y venderloVivo en España soy puedo echar una mano lo hare.Problemas que he visto yo es que se quema la electronica(haces poco tenia en casa 4 no-frost todos Fagor).Perdona mi gramatica ,no se escribir bien,un saludo.

  30. Lo mejor es llamar a nuestro servicio tecnico Bosch de profesionales, que le atenderan gustosamente y con en la mayor brevedad tendrá la averia servicio restablecido reparado, siempre a su servicio. Es esencial un correcto diagnóstico del problema antes de tocar nada y ante la duda, lo mejor que puede hacer es llamar al Servicio Tecnico de Calderas Junkers para evitar averías serias que dañen la caldera. Nuestro equipo de técnicos le garantiza seriedad en la reparación así como una explicación detallada de la avería, su reparación y el porqué de la misma.

  31. El programa Renovate, que promueve el cambio de electrodomésticos por productos similares pero de menor consumo de electricidad, se extendió a 10 nuevas localidades de la provincia de Buenos Aires, informó hoy el Ministerio de Economía. Siemens revoluciona el mundo del cuidado de la ropa con las nuevas lavadoras masterClass que destacan por su diseño, con nuevo display TFT de alta definición y máximo contraste. Este sistema pretende actuar sobre las dos Fuentes que producen más ruido, el motor y el aire.

  32. I just want to mention I’m all new to blogs and seriously liked you’re website. Probably I’m want to bookmark your site . You certainly come with beneficial articles. Cheers for sharing with us your web site.

  33. Uno de nuestros técnicos realizara su reparación el mismo día de su llamada sin Recargo a Aspes uno en el precio y siempre facilitamos Garantías de 3 meses por escrito en todas y cada una de nuestras reparaciones. Para llevar a cabo nuestro trabajo de la manera más profesional contamos con un equipo de técnicos altamente cualificados y expertos en la reparación de máquinas Rommer.

  34. Pero si tu modelo no es de esa versión, entonces tienes que colocar las piezas en este orden: Tornillo / Junta de cobre / Chapa resistencia / Junta de silicona / Parte superior de la caldera / Tuerca Y para favorecer el sellado, la tuerca que rosca al tornillo se fija con un poco de pegamento (tipo Loctite). Hola, Ángel, en estos momentos no disponemos de stock de esa pieza pero te informaremos en breve al respecto. Hola soy Francisco el pasado día 13 de Febrero me comunique con ustedes y hasta la fecha no he obtenido respuesta,es sobre el servicio técnico de Santa Cruz de Tenerife,pues ya son 5 meses de espera para arreglar mi cafetera,confio en ustedes,gracias.

  35. I simply wanted to thank you so much all over again. I do not know what I might have undertaken without the type of points documented by you about that area. It became the depressing situation in my view, nevertheless spending time with your well-written tactic you resolved the issue took me to weep for gladness. I’m just happy for this support as well as wish you comprehend what a powerful job you are providing training many others with the aid of your web site. Probably you have never got to know any of us.

  36. One important issue is that when you are searching for a education loan you may find that you’ll need a cosigner. There are many scenarios where this is correct because you might find that you do not employ a past credit standing so the loan company will require that you’ve someone cosign the loan for you. Thanks for your post.

  37. The very next time I read a blog, I hope that it doesn’t fail me just as much as this particular one. After all, I know it was my choice to read, nonetheless I genuinely believed you would probably have something helpful to say. All I hear is a bunch of complaining about something you can fix if you weren’t too busy searching for attention.

  38. Nada más verme me dijo que MAURO le había pasado mi informe sobre mi conferencia en la Universidad de HAIER y que él, a su vez, lo había remitido a la cúpula de HAIER, ya que, según me dijo, mi informe ratificaba todo lo que él no se cansaba de repetir a los chinos: la necesidad imperiosa de organizar un almacén de recambios en la fábrica, otro en Europa, y poner los medios para la implantación de una organización importante de Servicios en Europa.

  39. Yo acababa de entrevistar a Ricardo Téllez, más conocido como Rodrigo Granda, uno de los jefes de la delegación de las FARC en las negociaciones con el gobierno de Colombia en La Habana. Lucero: Claro, nosotros siempre hemos tenido en nuestra política, siempre hacemos el llamamiento a los soldados para que no sigan prestando el servicio militar, sabemos que hay muchos de esos soldados prestando el servicio militar obligados. En Colombia se presta el servicio militar obligatorio, van a un barrio, a una parcela, vereda y cogen a los muchachos y los obligan a prestar el servicio militar, como en cualquier guerra de cualquier país.

  40. Oh my goodness! Incredible article dude! Thanks, However I am encountering troubles with your RSS. I don’t understand why I am unable to subscribe to it. Is there anybody getting the same RSS problems? Anybody who knows the answer can you kindly respond? Thanx!!

  41. La alusión al Servicio Técnico es porque quienes tenéis máquinas más antiguas, a veces, acudís a Servicios que ya no lo son de la marca y os encontráis con todo tipo de respuestas. Y si hemos interpretado bien a qué pieza te referías, está disponible en nuestro almacén y, por tanto, cualquier servicio técnico oficial te la puede y debe suministrar a la mayor brevedad. En la capital Pamplona puedes encontrar un Servicio técnico en la calle SANGUESA 38, su nombre es Telenavarra. Hola, hace mucho tiempo que tengo en casa una minimoka M-3 3 y me gustaría saber donde hay un servicio técnico, para poder comprar unos recambios y también me gustaría saber si el manual de instrucciones de esta maquina lo puedo encontrar en la web en algún lugar.

  42. Es atendido por personal perfectamente formado y constituye un punto único de contacto para cualquier solicitud que el cliente quiera plantear: recepción y estado de avisos de reparación, venta de accesorios y repuestos, información de producto e incluso, en numerosas ocasiones, dudas de funcionamiento que, resultas por teléfono, evitan el desplazamiento de un técnico.

  43. I am no longer sure the place you are getting your info, however good topic. I needs to spend a while learning more or figuring out more. Thank you for excellent information I used to be in search of this information for my mission.

  44. An outstanding share! I have just forwarded this onto a colleague who had been doing a little homework on this. And he in fact ordered me breakfast simply because I stumbled upon it for him… lol. So allow me to reword this…. Thank YOU for the meal!! But yeah, thanx for spending time to discuss this matter here on your blog.

  45. What i don’t realize is actually how you’re not actually much more well-liked than you may be now. You’re very intelligent. You realize thus significantly relating to this subject, produced me personally consider it from numerous varied angles. Its like men and women aren’t fascinated unless it’s one thing to accomplish with Lady gaga! Your own stuffs excellent. Always maintain it up!

  46. That is the right blog for anybody who needs to search out out about this topic. You realize so much its nearly exhausting to argue with you (not that I actually would need…HaHa). You undoubtedly put a brand new spin on a subject thats been written about for years. Nice stuff, simply nice!

  47. Pingback: generic sildenafil
  48. Thank you for sharing superb informations. Your web-site is very cool. I am impressed by the details that you’ve on this blog. It reveals how nicely you understand this subject. Bookmarked this web page, will come back for more articles. You, my pal, ROCK! I found simply the information I already searched everywhere and simply could not come across. What a perfect web-site.

  49. obviously like your website however you need to check the spelling on quite a few of your posts. A number of them are rife with spelling issues and I in finding it very bothersome to inform the truth on the other hand I will surely come again again.

  50. Hello there! I know this is kind of off topic but I was wondering which blog platform are you using for this website? I’m getting fed up of WordPress because I’ve had issues with hackers and I’m looking at options for another platform. I would be great if you could point me in the direction of a good platform.

  51. Substantially, the article is in reality the freshest on that laudable topic. I agree with your conclusions and also will certainly eagerly look forward to your forthcoming updates. Saying thanks will certainly not simply be enough, for the fantastic clarity in your writing. I can at once grab your rss feed to stay privy of any updates. Genuine work and much success in your business endeavors!

  52. Pingback: ed pills otc
  53. It’s in point of fact a nice and useful piece of information. I’m satisfied that you simply shared this helpful info with us. Please stay us informed like this. Thanks for sharing.

  54. Good ¡V I should definitely pronounce, impressed with your website. I had no trouble navigating through all the tabs as well as related info ended up being truly easy to do to access. I recently found what I hoped for before you know it at all. Quite unusual. Is likely to appreciate it for those who add forums or something, website theme . a tones way for your client to communicate. Nice task..

  55. Pingback: rx pharmacy
  56. Thanks for every other informative website. The place else may just I get that type of info written in such a perfect means? I have a mission that I am simply now working on, and I have been on the glance out for such information.

  57. Excellent post. I was checking constantly this blog and I am impressed! Very helpful info specifically the last part 🙂 I care for such info a lot. I was seeking this particular information for a long time. Thank you and best of luck.

  58. Pingback: cialis generic
  59. Pingback: buy levitra
  60. Thanks for your article. It is quite unfortunate that over the last 10 years, the travel industry has had to fight terrorism, SARS, tsunamis, flu virus, swine flu, as well as first ever true global economic downturn. Through all of it the industry has proven to be sturdy, resilient along with dynamic, getting new ways to deal with difficulty. There are always fresh difficulties and opportunities to which the industry must yet again adapt and act in response.

  61. I’d like to thank you for the efforts you’ve put in penning this website. I am hoping to check out the same high-grade content from you in the future as well. In fact, your creative writing abilities has inspired me to get my very own site now 😉

  62. Pingback: levitra 10 mg
  63. The very heart of your writing while appearing reasonable initially, did not work properly with me after some time. Someplace within the sentences you managed to make me a believer unfortunately only for a short while. I nevertheless have got a problem with your leaps in assumptions and you might do well to help fill in those breaks. If you can accomplish that, I would definitely be amazed.

  64. Pingback: online gambling
  65. Hello, i feel that i saw you visited my site thus i came to “return the desire”.I am trying to to find things to enhance my site!I guess its good enough to use a few of your concepts!!

  66. Pingback: slot machines
  67. Pingback: cialis 20 mg
  68. Pingback: personal loan
  69. Pingback: short term loans
  70. Excellent blog right here! Additionally your site quite a bit up very fast! What host are you using? Can I am getting your affiliate link for your host? I wish my website loaded up as quickly as yours lol

  71. The next time I read a blog, I hope that it doesnt disappoint me as much as this one. I imply, I know it was my option to read, however I really thought youd have something interesting to say. All I hear is a bunch of whining about one thing that you could repair should you werent too busy searching for attention.

  72. Pingback: viagra 100mg
  73. We are a group of volunteers and starting a new scheme in our community. Your site offered us with useful information to paintings on. You have performed an impressive activity and our entire community will likely be grateful to you.

  74. Great post. I was checking constantly this blog and I’m impressed! Extremely helpful info particularly the last part 🙂 I care for such info much. I was seeking this certain information for a long time. Thank you and good luck.

  75. I think this is one of the so much significant info for me. And i am glad studying your article. But wanna observation on few general things, The site taste is ideal, the articles is actually great : D. Just right activity, cheers

  76. Thanks for the sensible critique. Me & my neighbor were just preparing to do some research about this. We got a grab a book from our local library but I think I learned more clear from this post. I am very glad to see such fantastic info being shared freely out there.

  77. Pingback: cialis generic
  78. I simply want to mention I am very new to blogging and site-building and definitely savored your web page. Very likely I’m going to bookmark your blog post . You certainly come with very good articles. Kudos for sharing with us your webpage.

Deixe uma resposta

O seu endereço de e-mail não será publicado.