The first days of 2023 have been marked by an unusual number of companies seeking help to get out of financial crises.
Americanas, Oi, Marisa and CVC are some of the companies that, in less than two months, had to knock on the doors of the courts or advisory firms to renegotiate debts.
Data from Serasa Experian show that, in January, 92 companies requested judicial recovery in Brazil, a growth of 37% compared to the same month in 2022.
Bankruptcies also increased during this period. 72 applications were registered, 56% more than in January 2022.
Experts say that conjunctural factors, such as the rise in interest rates, inflation, and delinquency, help to understand the height of the crisis.
Artur Lopes, a partner at Iwer Capital, a consulting and management firm, points out that no company had started having financial problems with the turn of the year. And it is that, the origin of these is old, but it was masked through specific aid, such as special lines of credit available during the pandemic.
“These credit lines ended up covering operating losses or masking deficiencies,” says Lopes.
Translated by AZAHARA MARTIN ORTEGA
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