Petrobras aims to extend deadlines and payments due to the drop in demand and oil prices and open loan requests with a view to reducing the economic crisis. The sector fears shock in a chain of more than 400 thousand workers.

Petrobras is offering loans to more than 9 suppliers and also said that it will extend up to 3 billion reais in loans with lower interest rates than those offered by banks, through the covid-19 crisis, so that its suppliers can have a certain relief in overcoming the crisis. economic crisis.

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Economic crisis due to the drop in oil

In this scenario of economic and financial crisis, due to the drop in oil prices and high debt, Petrobras called its suppliers in the exploration and production area to renegotiate contracts, thus aiming at reducing its costs.

Petrobras' More Value Program

On Wednesday 4/11, the firjan held a virtual meeting with associates and a presentation by Petrobras on the newest program cited, Mais Valor. The State-owned Petrobras Initiative is the closest approach to its network of suppliers, with proactive feedback, the intention is to change the cash flow of these companies. Having as main objective the feasibility of advancing invoices for direct suppliers of the company, with the participation of financial institutions.

This program is an evolution of the old Progredir, according to Firjan's vice-president, Luiz Césio, the new program has important differentials, such as advanced technological support.

“More Value will also offer an alternative access to resources for the cash needs of companies that supply Petrobras.” points out Luiz Césio.

According to Petrobras' schedule, its suppliers will begin to be called for training on the Program's platform

According to Petrobras' schedule, its suppliers will begin to be called upon to start training on the platform where the Program will reside, and extensive communication material will thus be made available so that Petrobras' objective of engaging the companies it supplies, and banks in partnership, is achieved in a broad and effective manner.