Page 1


L A N ç A M E N T O / b o i t u va

O Condomínio-clube PERFEITO PARA SUA FAMÍlia

imagens ilustrativas

Visite DECORADO rua roque issa, 455 - de lorenzi

(15) 3363-1324

(15) 9 7404 9512

Digite no Waze

realparqueboituva

Acesse o nosso site e saiba mais: condominiorealparque.com.br


O Real Parque é o condomínio-clube mais completo de Boituva.

0% Avaliamos seu carro como parte de pagamento*.

Condições incríveis de pagamento. 0% de entrada.

Perspectiva ilustrada das piscinas adulto e infantil

Obras Aceleradas.

Perspectiva ilustrada da QUADRA POLIESPORTIVA

• 5 minutos do centro da cidade • Próximo de tudo o que você precisa • Garagem coberta

LAZER COMPLETO PARA SUA FAMÍLIA

• Piscina Adulto e Infantil • Quadra Poliesportiva • Salão de Festas • Academia • Salão de Jogos • Playground

Incorporação e Construção:

ISO

9001 NÍVEL A

ǁƉĐƌŝĂƟǀĂ͘ĐŽŵ

financiamento:

Memorial de Incorporação Registrado sob nº R.01, matrícula nº 13.891 do CRI de Boituva-SP. Todas as informações são preliminares e as imagens são meramente ilustrativas, podendo sofrer alteração sem prévio aviso. Todos os acabamentos serão entregues conforme memorial descritivo, os objetos, equipamentos e mobiliários são sugestões de decoração e não fazem parte do memorial descritivo da unidade e área comum. Os serviços deverão seguir as regras definidas na convenção de condomínio geridas pela administradora contratada. *Avaliamos veículos (com no máximo 5 anos de uso e média de 15.000km rodados por ano). A aceitação de proposta com 0% de entrada fica a exclusivo critério da proprietária do empreendimento em aceitá-la dependendo das condições propostas. CRECI-SP nº 62.995.


(;3(',(17(

)HMXSVE

&$57$$2/(,725 3URMHWR 5RJHU$OYHV5RQDOGR3D]/HDQGUR/XFFKHWWD &RRUGHQDGRU*HUDO 5RJHU$OYHV URJHU#UHYLVWDDPDLVFRP $UWHH3URMHWR*UiILFR 213XEOLFLGDGH/WGD RQGS#RQSXEOLFLGDGHFRPEU &RPHUFLDO /HDQGUR/XFFKHWWD   OHDQGUR#UHYLVWDDPDLVFRP *LOEHUWR6DPSDLR   VDPSDLR#UHYLVWDDPDLVFRP 3ODQHMDPHQWR)LQDQFHLUR 5RQDOGR3D] URQDOGR#UHYLVWDDPDLVFRP

2Oi FDURV OHLWRUHV WXGR EHP FRP YRFrV" (VSHUR TXH VL $QLPDGRVSDUDR¦&DUQDYDO§"'HSRLVGHWDQWRVHIDODUHP FRUWH GH JDVWRV SDUHFHPH TXH HVVH DQR DV SUHIHLWXUDV UHVROYHUDPDEULURVEROVRV&ODURTXHpIXQGDPHQWDODOJXPDV PHGLGDVGHFRUWHGRVJDVWRVPDVWHPRVTXHDQDOLVDURTXDQWR LVVRJHUDGHPRYLPHQWRSDUDDVFLGDGHVKRWpLVUHVWDXUDQWHVHR FRPpUFLR HP JHUDO (QILP SRGH VH ID]HU GH WXGR PDV FRP HTXLOtEULR H ERP VHQVR GH WRGRV ( SRU IDODU HP &DUQDYDO D QRVVDPXVDGDFDSD%iUEDUD)UDQoDLUiGHVILODUSHODSULPHLUD YH]QD6DSXFDtHFRQWDFRPRHVWiVHQGRHVVDH[SHULrQFLDHVXD WUDMHWyULDQDWHOHYLVmR(PFDUURVFRQKHoDDQRYD0LWVXELVKL /75,721FRPVHXYLVXDOUHQRYDGRSURPHWHPH[HUFRPD FRQFRUUrQFLDQRVHJPHQWR2IIURDG'LFDVGH0RGDPDVFXOLQDH IHPLQLQD SDUD FRPHoDU EHP R DQR GH  1D VHomR GH *DVWURQRPLDUHFHLWDVIiFHLVSDUDVHDYHQWXUDUQDFR]LQKD1mR GHL[HGHFRQIHULUDVVHo}HVGH%HOH]D7XULVPR0RWRV6D~GH YLGDDQLPDOHPXLWRPDLV 7RGRFRQWH~GRH[FOXVLYRHGHTXDOLGDGHYRFrVyHQFRQWUDDTXL 8PJUDQGHDEUDoRHXPDyWLPDOHLWXUD $UHGDomR

55/&RPXQLFDomR5HYLVWD$PDLV 5XD-RmR'RPLQJRV%DUUHWR &HQWUR%RLWXYD²63 )RQH (PDLOUHYLVWDDPDLV#XROFRPEU ZZZUHYLVWDDPDLVFRP

$ 5HYLVWD $ p XPD SXEOLFDomR PHQVDO GLVWULEXtGD JUDWXLWDPHQWH FRP WLUDJHP GH  H[HPSODUHV $ 5HYLVWD $ QmR VH UHVSRQVDELOL]D SHORV SURGXWRV H SURPRo}HVGLYXOJDGRVHPVHXFRQWH~GR1mRpSHUPLWLGD DUHSURGXomRWRWDORXSDUFLDOVHPSUpYLDDXWRUL]DomRGD UHYLVWD2VDUWLJRVQmRUHIOHWHPQHFHVVDULDPHQWHDRSLQLmR GDUHYLVWD

&RODERUDUDP QHVWD HGLomR $VVHVVRULD GH &RPXQLFDomR GD 3UHIHLWXUD GH %RLWXYD 7HDWURGH&HUTXLOKR&RQVHUYDWyULRGH7DWXt,QIRPRWR$OGR7L]]DQL(ULF/DQGPD\HU 9DOpULD 3LORQ *UXSR 3HWUySROLV $VVHVVRULD GH ,PSUHQVD 0LWVXELVK  'U 0DUFRV &LQWUD%UXQD60DULDQR&LQWLD%HUWROXFFL/XL]+HQULTXH3ULPR&DLR%DSWLVWHOOD -XOLDQD 0DULQ -XOLDQ 3LFFLQLQR )HUUDUD &RORUDO 0DFKR PRGD  $OH[DQGUH 4 QRWtFLD  &DSD $JUDGHFLPHQWR$VVHVVRULDGH,PSUHQVD GRSURGXFWLRQV

)RWRV6(5*,2%$,$ 6W\OH7UDF\5DWR %HOH]D.OH\WRQ5LJRQ

,PSUHVVmR,QWHUJUDI,QG*UiILFD/WGD 'LVWULEXLomR%RLWXYD,SHUy7DWXt&HUTXLOKR7LHWr/DUDQMDO3DXOLVWDHHPDOJXQVSRQWRVGH 6RURFDED


ยบ1',&(

&DSD %iUEDUD )UDQoD 

ย&RRSHUDomR9HUVXV&RPSHWLomR



ย3DVVRVSDUDWHUXPDYLGDILQDQFHLUD

&DSLWDOLVPR&RODERUDWLYR (FRQRPLD



ย9HUWLFDOL]DomRFRPTXDOLGDGHGHYLGD



ย3RUTXHLQYHVWLUHPGHFRUDomRQRVUHVWDXUDQWHV"

VXVWHQWiYHOHP

  

,QDXJXUDomR ย%RODULD6XDYH6DERU

,QIRUPH3XEOLFLWiULR ย'XSODVHUWDQHKDGH%RLWXYDpGHVWDTXHQR FHQiULRPXVLFDO

(VSRUWH ย(VSRUWHV$GDSWDGRGD0HOKRU,GDGH ย$WOHWDUHVLGHQWHHP%RLWXYDEULOKDQDVHOHomR 3DXOLVWDGH9ROHLERO



ย1RYHPRWLYRVSDUDYLDMDUGH{QLEXVQRFDUQDYDO



ย$VWHFQRORJLDVDQWLIUDXGHTXHLUmRGRPLQDUHP

7XULVPR 7HFQRORJLD



$UTXLWHWXUD 'HVLJQ $UTXLWHWXUDH'HFRUDomR 9LWULQHGD&RQVWUXomR



ย$&RUGH4XHpD*UHHQHU\



ย'R,W<RXUVHOI)DQWDVLDVSDUDR&DUQDYDO



ย3UHPLDomR,QpGLWDQD$UWH%UDVLOHLUD

0RGD0DVFXOLQD 0RGD)HPLQLQD $UWHH&XOWXUD


&DUURV

$OO1HZ/7ULWRQ6SRUW

*DVWURQRPLD

5ROLQKRVGHDEREULQKDUHFKHDGRV FRPIUDQJRHULFRWD

     

(YHQWR ย-DQWDU%HQHILFHQWH$OYRUDGD)& ยย•(QFRQWUR%HQHILFHQWHGH&DUURV5HEDL[DGRVHP%RLWXYD

9LWULQH %HOH]D ย'HUPDWRORJLVWDGiGLFDVSDUDQmRFRPSURPHWHUDEHOH]D GDSHOHSRUXPDVHPDQDGHFDUQDYDO

6D~GH ย&UHVFHQ~PHURGHFDVRVGHSkQLFRDVVRFLDGRDR WUDQVWRUQRGHDQVLHGDGH

9LQKRV ย$LPSRUWkQFLDGDVDIUDGRVYLQKRV

1XWULomR ย5HWRUQRGDVIpULDV8PDWUDQVLomRTXHSDUDPXLWRV pGLItFLOHHVWUHVVDQWH



*UXSR3HWUySROLV ย,WDLSDYDODQoDSURPRomRยฆ6XDKLVWyULDGHYHUmRPHUHFH P~VLFDยง



ย0RWRVSDUDDFHOHUDUHP



ย23RGHUGR3HQVDPHQWR3RVLWLYR



ย&RPRFULDUXPNLWGHSULPHLURVVRFRUURVSDUD3HWV



ย9ROWDQGRjIRUPDQRSyVIHVWDV



ย:DWHU*HQ8PDQRYDIRUPDGHOLGDUFRPDHVFDVVH]

0RWRV 6D~GH(PSUHVDULDO 9LGD$QLPDO )LWQHVV 0HLR$PELHQWH GHiJXDQRPXQGR



3VLFRORJLD ย9DPRVIDODUVREUH3VLFRVVRPiWLFD ย1DUFLVLVPRยค'RPLWRDRFRUSRUDWLYR


O MELHOR PARA QUEM BUSCA RÁPIDO, PRÁTICO E FÁCIL. O NOVO GUIA AMAIS, OFERECE FILTROS DE BUSCA AVANÇADOS PARA VOCÊ ENCONTRAR EXATAMENTE O QUE PROCURA.

OS MELHORES ESTABELECIMENTOS NA PALMA DA SUA MÃO. Cupons de Desconto para os Melhores Estabelecimentos da Cidade. (TGJWYZWF+TYTLW¥ƴHFITX*[JSYTXVZJ&LNYFRF7JLN§T :RF8JQJ«§T2JSXFQITX2JQMTWJX3JL·HNTX.RTGNQN¥WNTX 'ZXVZJST2FUFIJ2FSJNWF7¥UNIFJ5WFYNHFYZITTVZJJXY¥FTXJZWJITW +NQYWJXZFGZXHFUTWUFQF[WFXHMF[JXHNIFIJXJHFYJLTWNFXIJXJW[N«T Filtre os estabelecimentos de uma categoria pelas comodidades oferecidas. (WNJZRFQNXYFIJIJXJOTXITXJXYFGJQJHNRJSYTXVZJIJXJOF[NXNYFW

WWW.REVISTAAMAIS.COM.BR


O MELHOR PARA QUEM ANUNCIA

COM O NOVO GUIA AMAIS, VOCÊ GARANTE VISIBILIDADE ÚNICA PARA O SEU NEGÓCIO NA INTERNET COM FERRAMENTAS INCRÍVEIS.

(425&79.1-&2*394 .3+472&‹™*8)*(439&94 1.89&)*)*8*/48 7*)*884(.&.8

342*)4*89&'*1*(.2*394 …7*&)*&9:&‹‡4 *3)*7*‹4

,&1*7.&)*.2&,*38 57.3(.5&.8(424).)&)*8 9*=94)*8(7.9.;4

94:7;.79:&14:+494~ 8*/&*3(4397&)45…,.3&

49.2.?&)&5&7&4,44,1*

.39*,7&‹‡4,58 1*;*4:8:…7.4&4 8*:*89&'*1*(.2*394(42 &5*3&8:2(1.(0

CADASTRE-SE GRATUITAMENTE OU GARANTA TODAS ESTAS FUNÇÕES PARA O SEU NEGÓCIO POR APENAS

R$ 89,90 por mês.


&$3,7$/,602&2/$%25$7,92

3RU/XL]+HQULTXH3ULPR OXL]KSULPR#JPDLOFRP 6yFLRSURSULHWiULRGD&DPSRHP&DVD$OLPHQWRV

&223(5$d 2 9(5686 &203(7,d 2

9LYHPRVQXPFLFORVHPILPGDFRPSHWLomRFRPSHWLPRVGHVGHVHPSUHIRPRVFULDGRV HPXPPRGHORGHVRFLHGDGHTXHQRVHQVLQDGHVGHRSULPHLURPRPHQWRTXHRFRUUHWRpFRPSHWLU TXHVyVREUHYLYHQRPXQGRRVPHOKRUHVHTXHRRXWURpQRVVRFRQFRUUHQWHQRVVRV FRPSRUWDPHQWRVVmRPROGDGRVQRPRGHORFRPSHWLWLYRHTXDVHQXQFDFRODERUDWLYR

$

SUHQGHPRVTXHVHXPJDQKDRRXWURWHP TXHSHUGHUHTXHQHVVDYLGDQmRVHSRGH FRQWDUFRPQLQJXpP

'HYHPRV SULPHLUDPHQWH DQWHV GH DJLU GH PDQHLUD

FRPSHWLWLYDSHUFHEHURTXDQWRHVWDPRVOLJDGRVXQVDRV RXWURV(VWDPRVFRQHFWDGRVFRPSHVVRDVVLWXDo}HV OXJDUHVHDFRQWHFLPHQWRVHVWDPRVWRGRVMXQWRVHPXP JUDQGH MRJR H R TXH YRFr RX R RXWUR ID] DIHWD GLUHWDPHQWHRXLQGLUHWDPHQWHWRGRRDPELHQWHHPTXH YLYHPRV3RUIDODUHPMRJRYRFrMiDVVLVWLXDRILOPHXPD PHQWHEULOKDQWH"

-RKQ1DVK &RQWLQXD


&$3,7$/,602&2/$%25$7,92

&223(5$d 29(5686&203(7,d 2 3RU/XL]+HQULTXH3ULPR OXL]KSULPR#JPDLOFRP 6yFLRSURSULHWiULRGD&DPSRHP&DVD$OLPHQWRV

3RLVEHPHVVHILOPHFRQWDDKLVWyULDGRPDWHPiWLFR

HVWDPRV LQGR FRQWUD D OyJLFD GD QRVVD SUySULD

-RKQ 1DVK TXH IRL SUrPLR 1REHO HP 

H[LVWrQFLD $ QDWXUH]D Vy p EHOD KDUPRQLRVD H TXH

DSUHVHQWDQGR D 7HRULD GRV -RJRV H R FRQFHLWR GH

VXVWHQWDPWRGRVRVVLVWHPDVTXHQRVPDQWHPYLYRVSRU

(TXLOtEULR GH 1DVK -RKQ 1DVK D SDUWLU GHVVH PRGHOR

TXHpFRODERUDWLYD

PDWHPiWLFR SURYD GH PDQHLUD LQFRQWHVWiYHO TXH D

'HYHPRVWHUDFRQVFLHQWL]DomRGD,QWHUGHSHQGrQFLD

HVWUDWpJLD GRPLQDQWH TXH SURGX] VHPSUH R PHOKRU

FRPR XPD FDUDFWHUtVWLFD YLWDO GH QRVVD H[LVWrQFLD

UHVXOWDGR p D FRRSHUDomR LQGHSHQGHQWH GDV RXWUDV

GHYHPRVSHUFHEHURTXDQWRD&RRSHUDomRSRGHQRV

HVWUDWpJLDVSUHVHQWHVQRPHUFDGR4XDQGRDGRWDPRV

DMXGDU D UHVROYHU DV TXHVW}HV TXH HVWDPRV YLYHQGR

XP PRGHOR GH FRPSHWLomR QR OXJDU D FRRSHUDomR

QHVWHPRPHQWRTXHUVHMDPQDVDODGHDXODQRORFDO TXHWUDEDOKDPRVQREDLUURRQGHPRUDPRVQRSDtVHP TXHYLYHPRVQRSODQHWDTXHKDELWDPRV 'HYHPRVFRPSHWLUVLPSRUpPFRQWUDQyVPHVPRV GHYHPRVFRPSHWLUFRQWUDDVQRVVDVIUDTXH]DVPHGRV YDLGDGHV H FRP RV OLPLWHV H EDUUHLUDV TXH GHFLGLPRV DFHLWDUHGHYHPRVDSUHQGHUHFRODERUDUFRPRVRXWURV GHYHPRVDSUHQGHUTXHDVSHVVRDVQmRVmRDPHDoDV QmRVmRIHUUDPHQWDVHQmRVmRREMHWRV$VSHVVRDVVmR DV QRVVDV PDLRUHV IRQWHV GH DSUHQGL]DGR H DV SRVVLELOLGDGHV PDLV LQFUtYHLV GH FRQVWUXLU DTXLOR TXH VR]LQKRSRGHULDDSDUHFHULPSRVVtYHOHTXDQGRHXGHL[R GH YHU FRQFRUUHQWHV DR PHX ODGR HX YHMR SRWHQFLDLV DPLJRV SURQWRV j DMXGDU D FRQVWUXLU TXDOTXHU VRQKR TXHYRFrSRVVDWHU

20


(&2120,$

3$66263$5$7(580$9,'$ ),1$1&(,5$6867(17·9(/(0 )RQWH%UDQGSUHVV3RU&0&RPXQLFDomR&RUSRUDWLYD

2DQRMiFRPHoRXHPXLWRVEUDVLOHLURVGLDQWHGDDWXDOFULVHHFRQ{PLFDGR3DtV DLQGDHVWmRSUHRFXSDGRVHPRUJDQL]DUVXDVILQDQoDVSDUDFRQWUDLUPHQRVGtYLGDV HWHUXPRUoDPHQWRSHVVRDOPDLVWUDQTXLORHP

3

ODQHMDPHQWRHGLVFLSOLQDVmRDVSULQFLSDLV

7UDWHVXDVILQDQoDVGHPRGRSURILVVLRQDO

DWLWXGHV SDUD TXHP TXHU FRQTXLVWDU HVVD

3DUDRUJDQL]DURRUoDPHQWRSHVVRDOHPDUHJUD

HVWDELOLGDGHHDRUJDQL]DomRpRSULPHLUR

EiVLFD p WHU GLVFLSOLQD $QRWH WRGRV RV VHXV JDVWRV

SDVVRSDUDXPDQROLYUHGHGLILFXOGDGHVQRRUoDPHQWR

GLiULRV VHP H[FHomR 8WLOL]H XPD SODQLOKD PHQVDO GH

&RPSHTXHQDVPXGDQoDVGHKiELWRpSRVVtYHOVHOLYUDU

FRQWUROH SDUD DMXGDU H FRQVWUXD XP SODQR GH

GDV GtYLGDV H HTXLOLEUDU DV ILQDQoDV 3DUD LVVR D

LQGHSHQGrQFLD ILQDQFHLUD 6HJXQGR D FRQVXOWRUD

HVSHFLDOLVWD HP HGXFDomR ILQDQFHLUD H FRQVXOWRUD GD

ILQDQFHLUDRLGHDOpJXDUGDUGRVVHXVUHQGLPHQWRV

HPSUHVD *& 6ROXo}HV &RUSRUDWLYDV 0iUFLD 7RORWWL

WRGRPrV$JRUDQmRGi"&RPHFHFRPPHQRVRPDLV

HODERURXGLFDVVLPSOHVTXHSRGHPDMXGDUQDWDUHIDGH

LPSRUWDQWHpDUHJXODULGDGHGDVVXDVDo}HV

WHUXPDYLGDILQDQFHLUDEHPUHVROYLGD&RQILUD 6DLEDTXDOpDVXDUHODomRFRPRGLQKHLUR 2TXHRGLQKHLURUHSUHVHQWDSDUDYRFr"6WDWXV"3RGHU" /LEHUGDGH" 6HJXUDQoD" $R VHJXLU DV GLFDV GH RUJDQL]DomRILQDQFHLUDFRPSUHHQGHQGRRVHXSHUILOGH FRQVXPLGRUYRFrHVWDUiLPXQHDRHQGLYLGDPHQWR 22

&RQWLQXD


(&2120,$

3$66263$5$7(580$9,'$ ),1$1&(,5$6867(17·9(/(0

)RQWH%UDQGSUHVV3RU&0&RPXQLFDomR&RUSRUDWLYD

6DLEDTXDOpVHXSDGUmRGHFRPSRUWDPHQWR

7HQKDXPDYLGDULFD

,GHQWLILTXH TXDLV VmR RV PRPHQWRV TXH ILFD PDLV

$MXVWH RV GHPDLV DVSHFWRV GD VXD YLGD &RQTXLVWH

LQFOLQDGRDRFRQVXPRHVHSURWHMDGDDXWRVDERWDJHP

DPRUVD~GHWUDQTXLOLGDGHHRTXHPDLVSXGHUSDUDWHU XPD YLGD ULFD VDXGiYHO H FRP LQGHSHQGrQFLD

7HQKDSHUVLVWrQFLD

ILQDQFHLUD

6HYRFrGHFLGLXQmRJDVWDUSHUVLVWDQDVXDGHFLVmR SRUPDLVWHQWDGRUTXHRDSHORVHMD &RQVLGHUHRHVSDoRItVLFR 3DUD DMXGDU QD HFRQRPLD XPD ERD GLFD GD HVSHFLDOLVWDHPILQDQoDVpFRQVLGHUDURHVSDoRItVLFR &DVRVHMDGLItFLOHQFRQWUDUOXJDUSDUDDTXHOHVDSDWRRX REMHWRQRYRDSUREDELOLGDGHGHYRFrHVWDUDGTXLULQGR DOJRGHVQHFHVViULRpHQRUPH 6DLEDTXDOpSUHoRGDVXDHVFROKD 0iUFLD7RORWWLFRPHQWDTXHYDOHID]HUXPFiOFXORGH TXDQWDV KRUDV YRFr SUHFLVDUi WUDEDOKDU SDUD DTXHOH LWHPQRYRHLVVRYDOHSDUDWXGR2XVHMDDFRVWXPHVHD SHQVDUTXDQWDVKRUDVGDVXDYLGDYRFrLUiWURFDUSRU DOJRTXHYDLDGTXLULU 24

0iUFLD7RORWWLGHVGHGHVHQYROYHIHUUDPHQWDVH PpWRGRV TXH XWLOL]DP FRQKHFLPHQWRV GD HFRQRPLD SVLFDQiOLVH SVLFRORJLD H PDUNHWLQJ YLVDQGR JDUDQWLU UHVXOWDGRV PDLV HILFD]HV H XPD UHDO PXGDQoD GH FRPSRUWDPHQWR DPSOLDQGR RV QtYHLV GH TXDOLGDGH GH YLGD e FRDXWRUD GR OLYUR (PSUHHQGHGRULVPR ¤ 'HFRODQGRSDUDR)XWXUR HDXWRUDGRVOLYURV 2'HVDILR GD,QGHSHQGrQFLDILQDQFHLUDHDIHWLYD TXHMiWHYHPDLV GH  PLO H[HPSODUHV YHQGLGRV H $V $UPDGLOKDV GR &RQVXPR eSVLFyORJDSVLFDQDOLVWDPHVWUHHPFXOWXUD HVSHFLDOLVWDHPPDUNHWLQJFRQVXOWRUDHPSURJUDPDVGH HGXFDomRILQDQFHLUDSDOHVWUDQWHHVFULWRUDHSURIHVVRUD HP GLYHUVDV GLVFLSOLQDV QRV FXUVRV FHUWLILFDGRV SHOD )XQGDomR*HW~OLR9DUJDV )*9 


,1$8*85$d 2

,1$8*85$d 2

%2/$5,$'2&(6$%25

,

QDXJXUDGD HP %RLWXYD QR GLD  GH

WUDGLFLRQDLVERORVXPDYDULHGDGHGHWRUWDVVDOJDGDV

1RYHPEURD%RODULD'RFH6DERUYHLRFRP

ERORV JHODGRV QR SRWH SRUo}HV LQGLYLGXDLV 

DSURSRVWDGHUHVJDWDUDVOHPEUDQoDVGRV

&DSSXFFLQR JHODGR H PXLWR PDLV 9HQKDP WRPDU XP

ERORV TXH Vy DV QRVVDV YRYyV FRQVHJXLDP ID]HU

GHOLFLRVR FDIp FRDGR LQGLYLGXDOPHQWH H H[SHULPHQWDU

/HPEUDQoDVGHLQIkQFLDFRPDTXHOHVFDIpVGDWDUGH

QRVVDVGHOtFLDV4XHUHPRVTXHRVHXFDIpGDWDUGHVHMD

VHPSUHDFRPSDQKDGRVGHXPERORTXHDFDERXGHVDLU

GLIHUHQWHYHQKDQRVID]HUXPDYLVLWD

GRIRUQR $VSURSULHWiULDV(GQD*DWWLH9DHOL3RWRPDWL

26

FRQVHJXLUDPUHSURGX]LUDVUHFHLWDVGDpSRFDHPDLVGH

(VWDPRV QD 5XD &HO $UUXGD %RWHOKR  ¤ &HQWUR ¤

VDERUHVGLIHUHQWHVHVSHUDQGRSRUYRFr$OpPGRV

%RLWXYD  


,1)250(38%/,&,7·5,2

'83/$6(57$1(-$'(%2,789$

e'(67$48(12&(1·5,2086,&$/ 'XSODVHUWDQHMDIRUPDGDQDFLGDGHGH%RLWXYDJDQKDHVSDoRQRLQWHULRUSDXOLVWD SHORVVKRZVDSUHVHQWDGRVHFDULVPDFRPRS~EOLFR)RUPDGDSHORVP~VLFRV.LNR6RX]DH7LDJR DGXSODHVWiMXQWDGHVGHSRULQGLFDo}HVGHDPLJRVHPFRPXPRQGHGHVGHHVVDpSRFD VyYHPUHFHEHQGRHORJLRVQDVIHVWDVHDSUHVHQWDo}HVTXHSDUWLFLSDP

.

LNR 6RX]D DOpP GH FDQWRU P~VLFR H FRPSRVLWRU IRUPDGRSHORFRQVHUYDWyULRGH7DWXtWHPKDELOLGDGHV FRPYiULRVLQVWUXPHQWRVGHVGHYLROmRFRQWUDEDL[R

EDWHULDHJXLWDUUD 7LDJRTXHGHVGHFULDQoDMiSRVVXtDERDLQIOXrQFLDPXVLFDOVH

DSUHVHQWRXHPPXLWDVTXHUPHVVHVHIHVWDVSDUWLFXODUHV0DLVWDUGH SURFXURXHVWXGDUPDLVDP~VLFDHVHDSHUIHLoRDUHPYLROmRHYLROD FDLSLUD 7RGR ORFDO TXH D GXSOD VH DSUHVHQWD VHMDP FDVDV QRWXUQDV H EDU]LQKRVRIHUHFHPDOHJULDHERDP~VLFD 3DUD  R SURMHWR GH ODQoDU R SULPHLUR &' HVWi HP GHVHQYROYLPHQWRRQGHFRQWDUiFRPP~VLFDVSUySULDVHGHRXWURV FRPSRVLWRUHVGDUHJLmR 28


(63257(

1Á&/(2'$7(5&(,5$,'$'( 187,  '(%2,789$2)(5(&(',9(56$6$7,9,'$'(6

+

i GRLV DQRV IRL FULDGR R SURMHWR (VSRUWHV $GDSWDGRGD0HOKRU,GDGHDWUDYpVGR1XWLGH %RLWXYDHDSURIHVVRUD&ODXGLD6RX]DFRP RLQWXLWRGDSDUWLFLSDomRDQXDOGRVMRJRVGH PHVD UHJLRQDO RQGH p UHDOL]DGR FRPSHWLo}HV GLUHWDV FRPRXWUDVFLGDGHV $WUDYpVGDFRODERUDomRGDGLUHWRULDHVXDSUHVLGHQWH 6RQLD6FKRHQFRQVHJXLXVHDFULDomRGHPRGDOLGDGHV GHMRJRVFRPR%XUDFR'DPDV'RPLQy7UXFRH7rQLVGH PHVD 'XUDQWHHVVHSHUtRGRRVLGRVRVTXHID]HPSDUWHGR SURMHWR SXGHUDP SDUWLFLSDU GH YDULDV FRPSHWLo}HV QR DQR GH  WDLV FRPR -RJRV 5HJLRQDLV GR ,GRVR -RJRV GH 0HVD GD 0HOKRU ,GDGH GH 7LHWr H -RJRV &RPXQLWiULRVGH7LHWr

30

7RGRV RV DWOHWDV ID]HP SDUWH GR 1XWL H SRVVXHP LGDGHVDFLPDGHDQRVHSDUDDHTXLSHGHMRJRV GH PHVD HVSHUD HVWDU PDLV FRPSHWLWLYD SDUD UHSUHVHQWDUDFLGDGH ([LVWHP DV DXODV GH KLGURJLQiVWLFD TXH VmR PLQLVWUDGDV SRU SURIHVVRUHV GD iUHD GH (GXFDomR )tVLFDFRPSURSyVLWRGDPHOKRULDQDTXDOLGDGHGHYLGD VmRRVDOXQRVDVVtGXRVTXHVHSUHRFXSDPFRPDVD~GH HEHPHVWDUSDUDUHDOL]DUHPVXDVWDUHIDVGLiULDVFRP PDLVIDFLOLGDGH  &RQKHoD PDLV VREUH R WUDEDOKR GR 187, 1~FOHR GD 7HUFHLUD ,GDGH  HP QRVVR VLWH H FRQILUD WRGDV DV IRWRV ZZZUHYLVWDDPDLVFRP


(63257(

$7/(7$5(6,'(17((0%2,789$ %5,/+$1$6(/(d 23$8/,67$'(92/(,%2/ )RWRV$UTXLYR3HVVRDO

1DFLGDGHGH%RLWXYDUHVLGHXPDQRYDSURPHVVDGRY{OHLIHPLQLQR/LQD6RX]DGHDQRV WHPRY{OHLHPVHXVDQJXH)LOKDGH/LFD6RX]DHVREULQKDGD)RImR&ODXGLDH-XOLD6RX]D WRGDVMRJDGRUDVSURILVVLRQDLV/LQDFUHVFHXWHQGRRLQFHQWLYRHDSURYHLWDQGR RGRPGDIDPtOLDSDUDVHGHVWDFDUQRHVSRUWH

&

RP LQtFLR HP  QR SURMHWR GH 9ROHLERO

5LR'HVGH/LQDMRJDSHODHTXLSHGH6mR&DHWDQR

LGHDOL]DGR SHODV WLDV /LQD WHYH XP ORQJR

FRP SDVVDJHP SHODV FDWHJRULDV LQIDQWR MXYHQLO H 

SHUtRGRGHWUHLQRVSDUDWUDQVIRUPDURVHX

GLYLVmRGRDGXOWRRQGHWDPEpPIRLFDPSHm

GRP HP SURILVVLRQDOLVPR $R FRPSOHWDU  DQRV HOD LQJUHVVRXQDHTXLSHGH%RLWXYDRQGHIRLFDPSHmGDOLJD

LQWHQVRV DJXDUGDQGR DV FRQYRFDo}HV SDUD VHOHo}HV

GHYROHLEROGH6RURFDEDHUHJLmRHHOHLWDDPHOKRUDWOHWD

SDXOLVWDHEUDVLOHLUD

GDFRPSHWLomR 1RPHVPRDQRGHDDWOHWDSDUWLFLSRXGHXPD SHQHLUD QD FLGDGH GH %DUXHUL FRPR DWDFDQWH RQGH WUDEDOKRXSRUTXDWURDQRVQHVVDSRVLomRFRQTXLVWDQGR

/LQDMiWHPHPVHXFXUUtFXORRVWtWXORVGDFDWHJRULD SUpPLULPGH%RLWXYD/LJDGH9ROHLEROGH6RURFDEDH 5HJLmRFRPRPHOKRUDWDFDQWHGH 1RVDQRVGHHIRLFDPSHmSUp

DOJXQVWtWXORVQHVVHSHUtRGRSHODIHGHUDomR1RDQRGH

PLULP PLULP LQIDQWLO %DUXHUL 7ULFDPSHm SDXOLVWD

IRLFRQWHPSODGDVHQGRFRQYRFDGDSDUDVHOHomR

%LFDPSHm7RUQHLR,QtFLRFDPSHmGR7RUQHLR6DQWDQDGR

SDXOLVWDHILFDQGRFRPžOXJDUQDSRVLomRGHDWDFDQWH

3DUQDtEDHSHORFROpJLR$PRULP7ULFDPSHmIDVH&DSLWDO

GRWRUQHLR-iQRDQRGHPXGRXVXDSRVLomRSDUD

-HHVS H ž OXJDU QR EUDVLOHLUR HVFRODU H FDPSHm QR

OLEHUR RQGH IRL FDPSHm SHOD SULPHLUD YH] QD SRVLomR

EUDVLOHLURHVFRODU

SHODVHOHomRSDXOLVWDVHQGRSUHPLDGDFRPXPDEROVD

32

(VVH DQR D GHGLFDomR H RV WUHLQRV FRQWLQXDP

-i QRV ~OWLPRV DQRV GH  H  QD FDWHJRULD

GH HVWXGR QR FROpJLR $PRULP HP 6mR 3DXOR TXH

LQIDQWLO GD VHOHomR SDXOLVWD D HTXLSH ILFRX QD 

HVWXGRX SRU  DQRV JDQKDQGR DOJXQV WtWXORV H VHQGR

FRORFDomR QR %UDVLOHLUR GH 6HOHo}HV H ž OXJDU QR

HVFROKLGD SHOD FLGDGH GH )UDQFD D FDUUHJDU D 7RFKD

&DPSHRQDWR%UDVLOHLURGH6HOHo}HVHžOXJDUQD&RSD

2OtPSLFDQRSHUtRGRTXHDQWHFHGHXDVROLPStDGDVGR

0LQDV


785,602

129(027,9263$5$9,$-$5

'(¿1,%8612&$51$9$/ )RQWH%UDQGSUHVV3RU*DEULHO.RFK

9RFrMiHVWiSODQHMDQGRVXDYLDJHPQR&DUQDYDO"(PDPDLRUIHVWDEUDVLOHLUDDFRQWHFH RILFLDOPHQWHHQWUHRVGLDVHGHIHYHUHLURPDVHPJUDQGHSDUWHGR3DtVRVGLDVGHIROLDYmR DOpPGHVWHSHUtRGR6HPHOKDQWHDRVIHULDGRVGH1DWDOH$QR1RYRR&DUQDYDOpXPGRVTXHPDLV PRYLPHQWDPRWXULVPREUDVLOHLURHRVWHUPLQDLVURGRYLiULRV)UHQWHDRVWHUPLQDLV7LHWr%DUUD )XQGDH-DEDTXDUDHP6mR3DXORD6RFLFDPUH~QHQRYHERQVPRWLYRVSDUDTXHPSUHWHQGH DSURYHLWDURIHULDGRHSRGHFRQWDUFRPDVIDFLOLGDGHVGHXPDYLDJHPURGRYLiULD



0DLVHFRQRPLD'HPRGRJHUDODVYLDJHQV

YRFrSRGHXVXIUXLUGHDLQGDPDLVFRQIRUWRMiTXHHVVDV

URGRYLiULDV VmR DV PDLV EDUDWDV VH

FDWHJRULDV RIHUHFHP SROWURQDV PDLV FRQIRUWiYHLV H

FRPSDUDGDVFRPRDYLmRRXPHVPRFRP

HVSDoRVDV FREHUWRUHV WUDYHVVHLURV WRPDGDV SDUD

XPDYLDJHPGHFDUUR$OpPGLVVRRVYDORUHVVHPDQWrP RVPHVPRVVHDSDVVDJHPGH{QLEXVIRUDGTXLULGDFRP

34

SHTXHQRVDSDUHOKRVHOHWU{QLFRVHILOPHV   )DFLOLGDGH GH DFHVVR H HFRQRPLD 2V WUrV

DQWHFHGrQFLD RX jV YpVSHUDV GH XP IHULDGR

WHUPLQDLV URGRYLiULRV GD FLGDGH GH 6mR 3DXOR VmR

SURORQJDGR

DQH[RV jV HVWDo}HV GH 0HWU{ TXH SURSRUFLRQD XP

 0DLV FRQIRUWR $V HPSUHVDV GH {QLEXV WrP

GHVORFDPHQWRUiSLGRGRVSDVVDJHLURVPHVPRHPGLDV

LQYHVWLGREDVWDQWHSDUDILGHOL]DURS~EOLFRTXHMiSUHIHUH

GHPDLVFRQJHVWLRQDPHQWRQDFLGDGHDOpPGHHOLPLQDU

D YLDJHP URGRYLiULD 6HUYLoRV GH ERUGR IURWDV

DSURFXUDSUHRFXSDomRHRFXVWRFRPHVWDFLRQDPHQWR

UHQRYDGDVLQWHUQHWVHPILRGLVSRQtYHOGXUDQWHWRGRR

6HPSUHRFXSDomRFRPRVSUHSDUDWLYRV$RWURFDUR

WUDMHWRSROWURQDVPDLRUHVHPDLVHVSDoRVDVHVWmRHQWUH

VHXFDUURSHODYLDJHPGH{QLEXVYRFrHOLPLQDRVFXVWRV

RV DWUDWLYRV TXH PDLV WHP FRQTXLVWDGR SDVVDJHLURV

H SUHSDUDWLYRV GR DXWRPyYHO WDLV FRPR UHYLV}HV

SDUDRVHWRU$RSUHIHULUDVFODVVHVOHLWRRXH[HFXWLYR

FRPEXVWtYHOSHGiJLRVHQWUHRXWURV &RQWLQXD


785,602

129(027,9263$5$9,$-$5 '(¿1,%8612&$51$9$/ )RQWH%UDQGSUHVV3RU*DEULHO.RFK

  0DLV WUDQTXLOLGDGH QR SHUFXUVR 6H RSWDU SHOR

IRUPD GHVFRPSOLFDGD H VHP H[WUD %DVWD ID]HU D

SHUFXUVRQRWXUQRSRGHUiDSURYHLWDUWRGRRWUDMHWRSDUD

VROLFLWDomR FRP DWp  KRUDV GH DQWHFHGrQFLD j VXD

GHVFDQVDUWUDQTXLODPHQWH-iVHSUHIHULUYLDMDUGXUDQWHR

YLDJHP

GLDYDLGHVIUXWDUGHXPDEHODSDLVDJHP

  (PEDUTXH UiSLGR &RP R ELOKHWH HP PmR R

0DLVEDJDJHP1R{QLEXVROLPLWHGHEDJDJHQVp

SDVVDJHLUR FRQVHJXH HPEDUFDU HQTXDQWR R {QLEXV

PDLRU VH FRPSDUDGR DR WUDQVSRUWH DpUHR 6mR

SHUPDQHFHU QD SODWDIRUPD 3DUD TXH QmR KDMD

SHUPLWLGDVPDODVGHDWpNJGLIHUHQWHGRDYLmRTXH

LPSUHYLVWRV R LGHDO p TXH R SDVVDJHLUR FKHJXH FRP

SHUPLWHPDODVFRPDWpNJQRVHWRUGHFDUJDV

DQWHFHGrQFLDGHDPLQXWRVHPUHODomRDRKRUiULR

3RXFRVDWUDVRV$SRQWXDOLGDGHpXPSRQWRIRUWH

GRHPEDUTXH

QDV YLDJHQV URGRYLiULDV 2V UHJLVWURV GH DWUDVRV QDV SDUWLGDVVmRSUDWLFDPHQWHQXORV

$LQGD Gi WHPSR SDUD SURJUDPDU VXD YLDJHP GH

 5HPDUFDomR GH SDVVDJHQV 1RV FDVRV GH GHVLVWrQFLD RX LPSRVVLELOLGDGH GH HPEDUTXH D

GHSDVVDJHQVHWHPSRGHSHUFXUVRVSDUDTXHYRFrQmRSHUFD

UHPDUFDomR H UHHPEROVR GD SDVVDJHP VmR IHLWRV GH

RVGLDVGHIROLD

'(67,12

32172'(3$57,'$

5LRGH-DQHLUR 5-

7HUPLQDO5RGRYLiULR7LHWr

%HOR+RUL]RQWH 0*  7HUPLQDO5RGRYLiULR7LHWr

9$/25(6'(3$66$*(16

7(032'(9,$*(0

'H5D5

(PPpGLDKRUDV

'HD5

(PPpGLDKRUDV

$SDUWLUGH5 GHDFRUGRFRPRGHVWLQR

(PPpGLD KRUDHPHLD

/LWRUDO6XOGH6mR 3DXOR 63

7HUPLQDO 5RGRYLiULR-DEDTXDUD

/LWRUDO1RUWHGH  6mR3DXOR 63

7HUPLQDO5RGRYLiULR7LHWr

'H5D5  GHDFRUGRFRPRGHVWLQR

 (PPpGLDKRUDV

2XUR 3UHWR 6XOGH 0LQDV

7HUPLQDO5RGRYLiULR7LHWr

5D5

(PPpGLDKRUDV

7HUPLQDO5RGRYLiULR7LHWr

5D5

(PPpGLDKRUDV



)ORULDQySROLV 6&

36

&DUQDYDO5HXQLPRVRVGHVWLQRVPDLVSURFXUDGRVYDORUHV






Fone: 15 3266-2436 / 15 3266-1014

Areia Média e Fina Pedra e Pedrisco

Estrada Iperó à Tatuí, Km 04 - Iperó/SP - Dist. Ind. - 18.560.000 email: aleixomineracao@ig.com.br


7(&12/2*,$

$67(&12/2*,$6$17,)5$8'( 48(,5Â 2'20,1$5(0 3RU3LPHQWDFRPXQLFDomR

2DPELHQWHGHIUDXGHPXGDFRQVWDQWHPHQWHHHPQmRVHUiGLIHUHQWH 3DUDD(DV\6ROXWLRQVHPSUHVDHVSHFLDOL]DGDHPVHJXUDQoDQRYDVDPHDoDVHQWUDUmR HPFHQDHPXLWRVGRVDWDTXHVGHVFREHUWRVHPLUmRVHLQWHQVLILFDU3DUDLVVRHVSHUDVH DDGRomRFDGDYH]PDLRUGHWHFQRORJLDVGHDXWHQWLFDomRWpFQLFDVGHPDFKLQHOHDUQLQJ HIHUUDPHQWDVSUREDELOtVWLFDVFRPDLPSOHPHQWDomRGHDERUGDJHQVVLVWHPiWLFDV GHVHJXUDQoDGDLQIRUPDomRHFRPEDWHjIUDXGH

7

HRULDV FRPR &LFOR 22'$ 2EVHUYDU

%DQFRVPHQRUHVEXVFDUmRIRUQHFHGRUHVTXHRIHUHoDP

2ULHQWDU'HFLGLUH$JLU &\EHU.LOO&KDLQH

VROXo}HVDSRLDGDVHP,$

&RQWUROH 5HIOH[LYR SRGHP JXLDU R

,QVWLWXLo}HV ILQDQFHLUDV GH WRGR R PXQGR VH YROWDUmR

SODQHMDPHQWR HILFD] GH HVWUDWpJLDV GH JHVWmR H

SDUD D DQiOLVH GH GDGRV WUDQVDFLRQDLV H LGHQWLILFDomR

PHGLomRGHULVFRHWDPEpPDX[LOLDUDLPSOHPHQWDomR

SDVVLYDGHULVFRV1DVLQVWLWXLo}HVILQDQFHLUDVGRV(8$

GH FRQWUROHV HIHWLYRV 9HMD TXDLV VmR DV QRYDV

KiXPIRUWHLQWHUHVVHQDDYDOLDomRGRULVFRDVVRFLDGRjV

WHQGrQFLDV WHFQROyJLFDV DQWLIUDXGH HVSHUDGDV SDUD

VHVV}HV GRV XVXiULRV FRPR PDQHLUD GH UHIRUoDU D



VHJXUDQoD VHP FDXVDU DWULWR FRP RV FOLHQWHV $

7pFQLFDVGH0DFKLQH/HDUQLQJLUmRVXSHUDURVVLVWHPDV

LGHQWLILFDomRSDVVLYDGHULVFRVVHUiXPDGDVSULQFLSDLV

GHUHJUDV'HDFRUGRFRPHVWXGRVHODQoDPHQWRVGRV

WHQGrQFLDV HP  H DMXGDUi D HOHYDU R QtYHO GH

SULQFLSDLV IRUQHFHGRUHV DV WpFQLFDV GH PDFKLQH

VDWLVIDomRGRVXVXiULRVEDQFiULRV

OHDUQLQJWrPVXSHUDGRRVVLVWHPDVWUDGLFLRQDLVFRPR

(QWUDDELRPHWULDVDHPDVVHQKDVYLD606(PD

RV GH UHJUDV $ FRPHUFLDOL]DomR GH IHUUDPHQWDV

WHFQRORJLDGDDXWHQWLFDomRSDVVDUiDVHUFRQVLGHUDGD

VRILVWLFDGDV GH PDFKLQH OHDUQLQJGHHS OHDUQLQJ

XPD QHFHVVLGDGH &RQVHTXHQWHPHQWH RV FyGLJRV

HVWLPXODRDYDQoRGHVVDWHQGrQFLD%DQFRVGHWRGRV

273 HQYLDGRV YLD 606 VH WRUQDUmR REVROHWRV H LUmR

RVWLSRVDPSOLDUmRDDGRomRGHVLVWHPDVGHLQWHOLJrQFLD

GHVDSDUHFHUJUDGXDOPHQWH

DUWLILFLDOHLQYHVWLUmRHPHTXLSHVGHFLrQFLDGHGDGRV 38

&RQWLQXD


Viva, brinque e festeje! A partir de

135

R$

*

mil

Incorporação Registrada na R2 da matrícula 14.592 no Cartório de Registro de Imóveis de Boituva. O imobiliário e os equipamentos não fazem parte do contrato de compra e venda. * Consulte a tabela e condições do investidor **Imagens meramente ilustrativas

OBRAS INICIADAS

No Recanto dos Pássaros você tem todo conforto de morar no centro de Boituva, ao lado do supermercado Paulistão, além de contar com uma área de lazer completa com: salão de festas com cozinha, playground, brinquedoteca, piscinas adulto e infantil, quadra poliesportiva, salão de jogos e espaço gourmet com churrasqueira. Não perca a oportunidade de adquirir o apartamento dos seus sonhos, com elevador e varanda exclusiva, por preços a partir de R$135 mil*.

Av. Mario P. Vercelino, 375 - Centro, Boituva-SP (15) 3363-1600 | (15) 99861-2021 www.empreendimentoscosta.com.br/recantodospassaros


7(&12/2*,$

$67(&12/2*,$6$17,)5$8'( 48(,5Â 2'20,1$5(0 3RU3LPHQWDFRPXQLFDomR

$XPHQWR GR XVR GH SUREDELOtVWLFD   /LVWDV QHJUDV

FDXVD SUHMXt]RV ILQDQFHLURV $V HPSUHVDV GHYHP

SRGHP DOFDQoDU XP QtYHO HOHYDGR GH H[DWLGmR FRP

HQWmRHOLPLQDUDSOLFDWLYRVIDOVRVHPDQWHUXPFRQWUROH

UHODomR D 85/V FRQKHFLGDV PDV SRU TXHVW}HV GH

UtJLGRGDVUHGHVVRFLDLVGDFULDomRGHQRYRVGRPtQLRV

GHVHQKR D KLVWyULD p GLIHUHQWH TXDQGR DV 85/V VmR

HGRVFDQDLVGHHPDLO

GHVFRQKHFLGDV2VVLVWHPDVGHSUHYLVmRGHYHPXVDU

$IUDXGHPyYHODIHWDUiRPXQGRWRGRHVSHFLDOPHQWHD

SUREDELOtVWLFDHSDGU}HVFRQKHFLGRVGHSKLVKLQJSDUD

·VLD$WpSRXFRWHPSRDEDUUHLUDGRLGLRPDSURWHJLD

GHWHUPLQDUHPWHPSRUHDOVHDV85/VGHYHPRXQmR

SDtVHVDVLiWLFRVFRPR-DSmR&KLQDH&RUpLDFRQWUDRV

VHU EORTXHDGDV 7DLV IHUUDPHQWDV LUmR UHGHILQLU D

DWDTXHVPyYHLVTXHDWLQJLUDPRV(VWDGRV8QLGRVHD

PDQHLUDFRPRRULVFRpDYDOLDGRFRPRDVDo}HVVmR

(XURSD 0DV HVWH QmR p PDLV R FDVR 0DVDIXPL

FRRUGHQDGDVHILQDOPHQWHFRPRRULVFRpUHSRUWDGR

+DWDNH\DPDJHUHQWHGH'HVHQYROYLPHQWRGH1HJyFLRV

3DJDPHQWRV VHP LQWHUPHGLiULRV VHUmR  FDGD YH] PDLV

GD(DV\6ROXWLRQVSDUDR-DSmRDILUPDTXHjPHGLGD

SRSXODUHV6HJXQGR3DXO:LOVRQJHUHQWHGH3URGXWRV

TXH PDLV SHVVRDV XVDP DV SODWDIRUPDV GH PRELOH

GD(DV\6ROXWLRQVRVSDJDPHQWRVVHPLQWHUPHGLiULRV

EDQNLQJRVFULPLQRVRVDXPHQWDPVHXVHVIRUoRVSDUD

YmRVHLQWHQVLILFDUHP+DYHUiXPJUDQGHDXPHQWR

H[SORUDURVQRYRVFDQDLV +DWDNH\DPDSUHYrTXHRV

SDUWLFXODUPHQWH QR &DQDGi$XVWUiOLD H 5HLQR 8QLGR$V

IUDXGDGRUHVXVDUmRHVTXHPDVVRILVWLFDGRVSDUDURXEDU

WUDQVDo}HVRFRUUHPGHPDQHLUDPDLVIOXLGDHID]HPFRPTXH

GDGRV FRPR R PDOZDUH $FHFDUG H VXJHUH TXH DV

RVFOLHQWHVGHVHMHPWHUPDLVFRQWUROHVREUHVXDVGHVSHVDV

HPSUHVDV DGRWHP WDPEpP VROXo}HV SDUD SURWHomR

SRU PHLR GH DSOLFDo}HV FRPR QRWLILFDo}HV SXVK SRU

PyYHO

H[HPSOR&RPSUDUpIiFLOHDDXWHQWLFDomRHDLGHQWLILFDomR GHIUDXGHGHYHPVHUIiFHLVWDPEpP $ SURWHomR GH PDUFD p DLQGD PDLV YLWDO SDUD DV RUJDQL]Do}HV1RSULPHLURWULPHVWUHGHGDV 85/V GH SKLVKLQJ FRQWLQKDP R QRPH GD HQWLGDGH YtWLPD2VFLEHUFULPLQRVRVLPLWDPORJRVHPDLOVVLWHVH DSOLFDWLYRV GD PDUFD OHJtWLPD H LVVR QmR YDL PXGDU HP H[SOLFD'DYLG/RSH]GLUHWRUGH9HQGDVGD(DV\ 6ROXWLRQV /$7$0 (VVH WLSR GH DEXVR GHVWUyL D UHSXWDomRGDRUJDQL]DomRWLUDDFRQILDQoDGRFOLHQWHH 40


$548,7(785$ '(6,*1

9(57,&$/,=$d 2 &2048$/,'$'('(9,'$

2SURMHWR (',)Ã&#x152;&,2,/+$6*5(*$6DFRPSDQKDXPDWHQGrQFLD GHYHUWLFDOL]DomRGDVFRQVWUXo}HVGHHGLItFLRVUHVLGHQFLDLVSRUpP QmRSUHWHQGHVHUPDLVXPLPyYHOHVLPSUHWHQGHDOLDUHVWDWHQGrQFLD jEXVFDGHTXDOLGDGHGHYLGDSDUDRVPRUDGRUHV 1RV ~OWLPRV  DQRV RV WHUUHQRV QD FLGDGH GH %RLWXYD63 YDORUL]DUDP GHPDVLDGDPHQWH R TXH HVWD WUDQVIRUPDQGR D FDUDFWHUtVWLFD WLSROyJLFD GD FLGDGH FRP VXUJLPHQWR GH GLYHUVRV HPSUHHQGLPHQWRVGHHGLItFLRVUHVLGHQFLDLVYHUWLFDLV DSDUWDPHQWRV  RTXHDFRQWHFHQR%DLUUR3RUWDO9LOOH5HFDQWRGDV3ULPDYHUDVRQGH VHORFDOL]DHVWHSURMHWR

3DUFHLURV

 42








3HQVDQGRQLVWRHQDJUDQGHRIHUWDGHDSDUWDPHQWRVQDUHJLmRR (',)Ã&#x152;&,2 ,/+$6 *5(*$6 IRL SURMHWDGR FRP R Q~PHUR GH  XQLGDGHVGLVWULEXtGDVSRUPòFDGDFRQWHQGRXPDVXtWHFRP FORVHW XP GRUPLWyULR XP EDQKHLUR VRFLDO  ODYDQGHULD FR]LQKD HVWDUHMDQWDULQWHJUDGRVVDFDGDHXPDYDJDGHJDUDJHPDILPGH DWHQGHUFRPTXDOLGDGHHGLIHUHQFLDLV~QLFRVFRPR ªHOHYDomRGRSDYLPHQWRWpUUHRPWUD]HQGRPDLVSULYDFLGDGH ªHVFDGDFRPYHQWLODomRQDWXUDOIHLWDSRUFRERJyVGHFRQFUHWR ªWRGDDiUHDGHFLUFXODomRFREHUWDFRPSHUJRODGRGHYLGURWUD]HQGR PDLVLOXPLQDomRQDWXUDODRVHVSDoRV ªGHSyVLWRVLQGLYLGXDLVFRPiUHDGHP ªSRQWRVGHDUFRQGLFLRQDGRLQVWDODGRV ªIDFKDGDFRPSDVWLOKDVFHUkPLFDV ªWRGRVRVUHYHVWLPHQWRVGRVDSDUWDPHQWRVH[HFXWDGRVFRPSRUFHODQDWR ªHQFDQDPHQWRSDUDiJXDTXHQWHLQVWDODGR ªUHYHVWLPHQWRVLQGLYLGXDLVHSHUVRQDOL]DGRVSDUDFDGDDSDUWDPHQWR ªSDLVDJLVPRQDViUHDVGHFLUFXODomRHGHOX]

&217$72(',)º&,2,/+$6*5(*$6¤  

5HDOPHQWHHVWHIRLXPSURMHWRGHVHQYROYLGRFRPXPDOLQJXDJHPFRQWHPSRUkQHDTXHVHPSUH YLVRXRUHVSHLWRHDTXDOLGDGHGHYLGDSDUDRVIXWXURVPRUDGRUHVHLVWRVyIRLSRVVtYHOJUDoDV DRHPSUHQKRGHQRVVRV3DUFHLURVFRPR$UWHV*HVVR%U9LGURV'HFRU3LVRVH/XLV&RVPR FRQVWUXWRU ZZZURJHULRWRUHOFRPEU 5&HO(XJrQLR0RWWD%RLWXYD63   43


$548,7(785$ '(&25$d 2

32548(,19(67,5(0'(&25$d 2

1265(67$85$17(6" )RQWHEORJGDDUTXLWHWXUD

0HVPRGLDQWHGDDWXDOFULVHILQDQFHLUDTXHR%UDVLOHQIUHQWDXPDERDSDUWHGDSRSXODomRGRSDtVDFDED UHDOL]DQGRVXDVUHIHLo}HVIRUDGHFDVDHPEDUHVRXUHVWDXUDQWHV3DUDGULEODUDFRQFRUUrQFLDFDGDHPSUHViULR EXVFDHQFRQWUDURVHXGLIHUHQFLDODTXLORTXHIDUiFKDPDUDDWHQomRGRS~EOLFRSDUDVHXSURGXWRRXVHUYLoRH DVVLPILGHOL]DUDFOLHQWHOD(DPDLRUDSRVWDGHPDUNHWLQJGRV~OWLPRVDQRVWHPVLGRDGHFRUDomRFRPHUFLDO

3

44

DUDTXHXPDHPSUHVDWHQKDVXFHVVRHOD

DUTXLWHW{QLFDGHXPUHVWDXUDQWHpEHPLPSRUWDQWHTXH

QmR SRGH VLPSOHVPHQWH HVWDU DEHUWD

VH WHQKD XP DSRLR WpFQLFR HVSHFLDOL]DGR &DGD

4XDQGRXPFOLHQWHHQWUDQXPGHWHUPLQDGR

DPELHQWHSUHFLVDUiUHFHEHUDDWHQomRGRVSURMHWLVWDV

HVWDEHOHFLPHQWR p SRUTXH HVWi HVSHUDQGR HQFRQWUDU

$V iUHDV GHVWLQDGDV DRV FOLHQWHV VmR RQGH VH SRGH

DOJR8PUHVWDXUDQWHSRUH[HPSORGHYHSURSRUFLRQDU

RXVDU PDLV QD FULDWLYLGDGH 6XD GHFRUDomR VHUYLUi GH

XPD H[SHULrQFLDJDVWURQ{PLFD TXHYDLPXLWRDOpPGH

LQFHQWLYRSDUDDJUDGDURVFOLHQWHVTXHVHVHQWLUmRPDLV

ERQV SUDWRV FRPHoDQGR SHOD GHFRUDomR 8PD ERD

DQLPDGRV H j YRQWDGH 7DPEpP DWHQGHU DRV

SUHVWDomRGHVHUYLoRHXPFDUGiSLREHPHODERUDGRVmR

IXQFLRQiULRV QD GLQDPLFLGDGH GR VHX WUDEDOKR 'HVWH

IDWRUHV LPSRUWDQWHV SDUD R IXQFLRQDPHQWR GH XP

PRGRWRGRVLUmRTXHUHUSHUPDQHFHUHYROWDUDRORFDO

UHVWDXUDQWH 3RUpP QmR VmR VXILFLHQWHV 6H HOH IRU

$ HODERUDomR GR SURMHWR GH GHFRUDomR SDUD

GHVRUJDQL]DGR H PDO SURMHWDGR GDUi XPD LPSUHVVmR

UHVWDXUDQWHV FRPR XP WRGR WHP PXLWDV

UXLPDRVFOLHQWHVDIDVWDQGRRVHJHUDQGRSUHMXt]RDR

SHFXOLDULGDGHV 3ULPHLUR GHYHVH VDEHU TXH R HVWLOR

SURSULHWiULR (QWmR LQGHSHQGHQWH GR RUoDPHQWR

HVWpWLFRHDSHUVRQDOLGDGHHPSUHJDGDVHUmRRFDUWmR

GLVSRQtYHO YDOH D SHQD UHDOL]DU XP SODQHMDPHQWR GH

GHYLVLWDVGRHVWDEHOHFLPHQWR,VVRVHOHFLRQDUiFOLHQWHV

DUTXLWHWXUD H GHFRUDomR ,VVR DMXGDUi D WRUQDU RV

² R S~EOLFR DOYR ² H GLUi PXLWR VREUH R SUHoR H D

DPELHQWHV PDLV DJUDGiYHLV 3DUD D FRQFHSomR

TXDOLGDGHGRTXHOKHVVHUiRIHUHFLGR &RQWLQXD


$548,7(785$ '(&25$d 2

32548(,19(67,5(0'(&25$d 2 1265(67$85$17(6"

)RQWHEORJGDDUTXLWHWXUD

2XVHMDDGHFRUDomRGHYHUiHVWDUHPVLQWRQLDFRP

SDUHGHV(ODVVmRFRPRJUDQGHVSDLQpLVOLYUHVSDUDD

WXGR PDV SULQFLSDOPHQWH FRP D JDVWURQRPLD 2

FULDomRHDFRPXQLFDomR$SLQWXUDGRUHVWDXUDQWHpXP

SURMHWLVWD SUHFLVDUi HVWXGDU R S~EOLFR IUHTXHQWDGRU D

GHWDOKHPXLWRLPSRUWDQWH&DGDWRQDOLGDGHGHFRUWHPR

WUDGLomR GD HPSUHVD H D HVSHFLDOLGDGH GH FRPLGD

SRGHUGHWUDQVPLWLUVHQVDo}HVHVHQWLPHQWRV2VWRQV

VHUYLGDEHPFRPRRKRUiULRGHIXQFLRQDPHQWRRIOX[R

TXHQWHVVHUYHPSDUDRVDPELHQWHVPDLVMRYLDLV2VIULRV

GH SHVVRDV DV DWLYLGDGHV GRV IXQFLRQiULRV D

VHUYHP SDUD RV PDLV DGXOWRV e ERP HTXLOLEUDU RV

LOXPLQDomR H D YHQWLODomR QHFHVViULDV ( SRU ~OWLPR

PDWHULDLV$GHTXDUWXGRFRPDORJRPDUFDGDHPSUHVD

PDVQmRPHQRVLPSRUWDQWHDFRQFRUUrQFLD6yGHSRLV

HWRGDVDVFDUDFWHUtVWLFDVGRQHJyFLR

SRGHUiGHWHUPLQDUWRGDDGLVWULEXLomRHRUJDQL]DomRGR HVWDEHOHFLPHQWR

2V GHPDLV LWHQV GD SURSRVWD VHUmR D PREtOLD RV REMHWRVGHFRUDWLYRVHROD\RXWGRHVSDoRTXHSUHFLVDP

&RPHoDQGR SHOD LOXPLQDomR R LGHDO SDUD UHVWDXUDQWHV p XPD OX] GLIXVD GH HIHLWR LQWLPLVWD H

H[FHVVRV2HVWLORGRVDVVHQWRVHPHVDVSUHFLVDVHJXLU

DFRQFKHJDQWH 0DV SRGH KDYHU YDULDo}HV GH

R FRQFHLWR GD SURSRVWD GHFRUDWLYD SUHYLVWD SDUD R

LQWHQVLGDGHV Mi TXH H[LVWHP iUHDV FRP IXQo}HV

UHVWDXUDQWH $V SHoDV QmR SRGHP VHU QHP

GLIHUHQWHVFRPRFR]LQKDVHVDQLWiULRV2LPSRUWDQWHp

GHVFRQIRUWiYHLV H QHP FRQIRUWiYHLV GHPDLV SRLV R

VDEHUTXHFDGDHVSDoRSUHFLVDSURSRUFLRQDUFRQIRUWRH

FOLHQWH QmR GHYH TXHUHU ILFDU PDLV WHPSR TXH R

EHPHVWDUDWRGRV1DPHVDRVSUDWRVGHYHPVHUEHP

QHFHVViULR QR HVWDEHOHFLPHQWR 3HoDV HP PDGHLUD

LOXPLQDGRV $V OXPLQiULDV SHQGHQWHV VmR XPD ERD

DMXGDPDDTXHFHURYLVXDO-iDVHPPHWDOHYLGURWUDUmR

RSomRSDUDVXEVWLWXLUDVWUDGLFLRQDLVFULDQGRXPFOLPD

PDLVVREULHGDGH

O~GLFRSDUDDGHFRUDomR2VHJXQGRSDVVRSRGHVHUDV 46

VHU HILFLHQWHV H HILFD]HV 'HYHPVH HYLWDU TXDLVTXHU


,PDJHP,OXVWUDWLYD

9,75,1('$&216758d 2

),25$0$4 /DYDGRUDGHDOWDSUHVVmR:$3 2XVDGD3OXV 3RWrQFLD: 7HQVmR9 3UHVVmR36, 9D]mROK *DUDQWLDDQR 5jYLVWD RX[5QRFDUWmR

5('(&$(7$12 &DL[D(FRIRUWHOW [5 QRVFDUW}HV

RX5­9LVWDRXHP[

2IHUWDVYiOLGDVGHDGH'H]HPEURRXHQTXDQWRGXUDUHPQRVVRVHVWRTXHV

7,®20$7(5,$,6'(&216758d®2 'XFKD/RUHQ]HWWL0XOWLWHPSHUDWXUDV 5

),25$0$4 $VSLUDGRUGHSy:$3 $PELHQFH7XUER 3RWrQFLD: 7HQVmR9 'LVSHQVDRXVRGHVDFRGHSDSHO ([WHQVmRWHOHVFySLFD$FHVVyULRSDUDFROHWDGHSHORVGHDQLPDLV 3HVR.J *DUDQWLDDQR 5jYLVWD RX;GH5QRVFDUW}HV 9,6$0$67(5&$5'

/($1'520$'(,5$6 &DL[D'DJXD)RUWOHYOW 5­9,67$

),25$0$4/RMD%2,789$5XD$FiFLR0DQRHOGD6LOYD9LDQQD&HQWUR²%RLWXYD63²)RQH  ²/RMD6252&$%$²$Y6DQWD&UX] *DOSmR²-G9HUD&UX]²6RURFDED63²)RQH  /($1'520$'(,5$65XD$QW{QLR3LFFR&KiFDUD/DEURQLFL%RLWXYD63)RQH   5('(&$(7$12/RMD%RLWXYD5XD&RURQHO(XJrQLR0RWWD&HQWUR%RLWXYD)RQH  7,®20$7(5,$,6'(&216758d®2 $Y=HOLDGH/LPD5RVD²3RUWDOGRV3iVVDURV²%RLWXYD)RQH   48


02'$0$6&8/,1$

$&25'(

48(e$*5((1(5< )DOD7,0(WXGRFHUWRFRPYRFrV"3UD]HU/HRQDUGR&RORUDO VRXFULDGRUGR%ORJ0DFKR0RGD PDFKRPRGDFRPEU  HPDLVXPDYH]HVWDPRVQRVHQFRQWUDQGRSRUDTXLQD$0DLVSDUDIDODUVREUH 0RGD0DVFXOLQDPXLWROHJDOHVVHHVSDoRTXHD5HYLVWDVHSDUDQp"

3RU&RORUDO %ORJ0DFKR0RGD PDFKRPRGDFRPEU

(SUDKRMHRTXHYDPRVDERUGDU" $&RUGH4XHpD*UHHQHU\

*

UHHQHU\pXPDPLVWXUDGH9HUGH0XVJR FRP $PDUHOR H IRL GHILQLGD SHOD 3DQWRQH TXH IRUQHFH SDGU}HV GH FRUHVSDUD0RGD'HVLJQHWF FRPRDFRUGR$QR GH  9HUGH p D FRU GD (VSHUDQoD p D QRVVD OLJDomRFRPD1DWXUH]DRYHUGHUHJHQHUDUHIUHVFD UHYLWDOL]D H UHQRYD R *UHHQHU\ H[DOWD RV SULPHLURV GLDVGD3ULPDYHUDRQGHR9HUGHGD1DWXUH]DUHYLYH (VVHpRGLVFXUVRGD3DQWRQHSDUDHQGRVVDUVXD HVFROKD 50

0DVGLJRPDLVDOpPGHVVD&RUHVSHFtILFDRV 7RQVGH9HUGHSDUDR9LVXDO0DVFXOLQRHVWmREHP HPDOWDWDPEpP(QWmRERUDVHLQVSLUDUXPSRXFR" $SRLDGR QLVVR WXGR VHSDUHL QHVVD PDWpULD YiULDV LQVSLUDo}HV FRP R *UHHQHU\ H WDPEpP RXWURV´9HUGHVµLQVHULGRVQR9LVXDOHQR/LIHVW\OH 0DVFXOLQR SHJDQGR FDURQD QD &RU GH  9HMDPDV'LFDV

&RQWLQXD


02'$0$6&8/,1$

$&RUGH4XHpD*UHHQHU\ 3RU&RORUDO %ORJ0DFKR0RGD PDFKRPRGDFRPEU

&XUWLUDPDV,QVSLUDo}HV"2TXHDFKDUDPGHVVHV7RQV"9RFrVXVDULDP")LTXHPjYRQWDGHSDUD FRPHQWDURXSHUJXQWDUVREUHRWHPDOiQR%ORJRN"6yDFHVVDUPDFKRPRGDFRPEU (DWpDSUy[LPDPDWpULDSRUDTXLQD5HYLVWD$0DLV 52


02'$)(0,1,1$

'2,7<2856(/)

)$17$6,$63$5$2&$51$9$/

3RU%UXQD60DULDQR ,167$*5$0EUXVPDULDQR ZZZEORJK\SHFRPEU

1

HP VHPSUH p IiFLO HQFRQWUDU XPD IDQWDVLD EDFDQD SDUD R FDUQDYDO H DV YH]HV DSDUHFH XPD IHVWD GH ~OWLPD KRUDHQmRHVWDPRVSUHSDUDGRVPDVFRPRSDUD WXGR QHVVD YLGD WHP XP MHLWR VHOHFLRQDPRV DOJXPDVRSo}HVFULDWLYDVSDUDDUUDVDUQDpSRFD IHVWLYDDOHJUHHFRORULGDGHVVH%UDVLO

54

$GLFDpDSURYHLWHDVWHQGrQFLDVGRPRPHQWR SRLVVHUiPDLVIiFLOGHHQFRQWUDUDOJXQVPDWHULDLV SDUDID]HUSDUWHGRVHXPRGHOLWRFDUQDYDOHVFR$V IUXWDVHVWmRVXSHUHPDOWDHPDFHVVyULRVXVHH DEXVH6HYRFrQmRIRUDGHSWDGHVVDWHQGrQFLD DUUDVH QD PDTXLDJHP DUWtVWLFD FDYHLUDV PH[LFDQDV FHUYRV D OD )ULGD .DKOR  'DYLG %RZLH(VVDRSomRpFHUWHLUDHSRGHWHUFHUWH]D TXHQmRWHUiQLQJXpPLJXDODYRFr

&RQWLQXD


02'$)(0,1,1$

'2,7<2856(/) )$17$6,$63$5$2&$51$9$/ 3RU%UXQD60DULDQR ,167$*5$0EUXVPDULDQRZZZEORJK\SHFRPEU

6H QmR TXLVHU LU IDQWDVLDGD GH IDWR DEXVH GDV FRUHV HVWDPSDV JOLWWHU LQYLVWD HP FRURDV GH IORUHV EDQGDQDV /HPEUHVHGHGDUXPDUDOHJUH DRORRNQHVVDpSRFDGRDQRp REULJDWyULR VDLU GD ]RQD GH FRQIRUWR H XWLOL]DU SHoDV H DFHVVyULRVTXHYRFrQmRHVWi DFRVWXPDGR

56


$57((&8/785$

35(0,$d 2,1e',7$ 1$$57(%5$6,/(,5$

3RU(ULF/DQGPD\HU &UtWLFRGH$UWH $,&$3DULV

ODQGHULF#EROFRPEU 6LWHKWWSHULFDUWEUDVLOEORJVSRWFRP

$HPSUHVD(ULF$UWTXHKiDQRVWUDEDOKDQDHODERUDomRGHVHQYROYLPHQWRHH[HFXomRGH SURMHWRVOLJDGRVjVDUWHVSOiVWLFDVQR%UDVLOHQRH[WHULRUIRUQHFHQGRVHUYLoRHVSHFLDOL]DGRGH DVVHVVRULDHGLYXOJDomRJHUDODDUWLVWDVSOiVWLFRVIRLSUHPLDGDFRPREUDVGHVHXVDUWLVWDVFRPR ••H•OXJDUHVQR•VDOmRLQWHUQDFLRQDOGH0RJL*XDoXQRILQDOGRDQRSDVVDGR UHSUHVHQWDGRVSRU(ULF/DQGPD\HUQRUHFHELPHQWRGDSUHPLDomRLQpGLWDQDDUWHEUDVLOHLUD

&5DFKHO6LQIRQLDGD5HFLFODJHP9,, [FP

0

(ULF/DQGPD\HU3ULPHLURH6HJXQGROXJDU

LOKDUHVGHDUWLVWDVMiIRUDPDVVHVVRUDGRVSHOD HPSUHVDFRPR $OGHPLU 0DUWLQV *XVWDYR 5RVD /HGD &DWXQGD $OH[ )OHPLQJ & 5DFKHO 'XUYDO

3HUHLUD1XU&KDS&KDS-DQH:LFNEROG6XHOL'DEXV 1RUPD0DOXI'XOFH-XOLDQHOOL6DQGUD 6HPHJXLQL%LD %ODFN&DUORWD%DXNHOPDQQ,ND)OHXU\-DQHWH<DVEHN /HF\ %HOWUDQ 0DULD 9LOODUHV 0DULD (XJrQLD )RQWDQD (XJrQLD)LJXHLUHGR0DULDGRV$QMRV,]ROGDO/0D]]D )UDQFHVFR $UD~MR 'MDOPD 8UEDQ ,YR =DQLQL $OEHUWR %HXWPOOHU &DLR &DUYDOKR 3URI 'DXG 6RQLD 0HQQD %DUUHWR5DTXHO7DUDERUHOOL.DPRUL,GD&KDLE&ODXGLR &DOOLD %HUDOGD $OWHQIHOGHU 0DEH 3DXOR 9RQ 3RVHU (UQHVWLQD .DUPDQ )DQQ\ 6FKHQNPDQ =LFD %HUJDPL 6DUDK *ROGPDQ 6RQLD *DEULHOH 6\OYLD (FKHYHUULD H PLOKDUHVGHRXWURVDUWLVWDVGREUDVLOHH[WHULRU 58

3DXOHWWH1RLWH[FP

$OJXQV HYHQWRV LQWHUQDFLRQDLV TXH D HPSUHVD RUJDQL]RX $UWHEUDVLOHLUDHP$PVWHUGDPH5RWHUGm¤+RODQGD 3URMHWR$UFR/DWLQR¤3RUWXJDO(VSDQKD 0RVWUDGH$UWH%UDVLOHLUDQR9DWLFDQR¤,WiOLD 0RVWUDGH$UWH0XQGLDOHP%HLUXWH¤/tEDQR 0RVWUDGH$UWHPXQGLDODUWH[SR¤1HZ<RUN¤(8$ 0RVWUD,QWHUQDFLRQDOGH$UWHDUWVXG¤3DULV¤)UDQoD 0RVWUDPXQGLDOGHDUWHHGHVLJQ¤'XEDL¤(PLUDGRV ·UDEHV8QLGRV  0RVWUD LQWHUQDFLRQDO GH DUWH H GHFRUDomR ¤ &DLUR ¤ (JLWR  0RVWUD GH DUWH EUDVLOHLUD QR SDOiFLR SUHVLGHQFLDO GH SUDJD¤5HS~EOLFD7FKHND 0RVWUDGHDUWH%UDVLOHLUD¤$OHPDQKD 0RVWUDPXQGLDOGHDUWHHP*HQHEUD¤6XtoD 0RVWUDGHDUWH%UDVLOHLUDQD·IULFD¤&RSDGRPXQGR &RQWLQXD


$57((&8/785$

35(0,$d 2,1e',7$ 1$$57(%5$6,/(,5$ 3RU(ULF/DQGPD\HU &UtWLFRGH$UWH $,&$3DULV

ODQGHULF#EROFRPEU 6LWHKWWSHULFDUWEUDVLOEORJVSRWFRP

(ULF/DQGPD\HU7HUFHLUROXJDU

3DXOHWWH,QWURVSHFomR[FP

 0RVWUDPXQGLDOGHDUWHQRPXVHXGR/RXYUH3DULV )UDQoD 0RVWUDPXQGLDOGHDUWHHP&DQWRQ¤&KLQD 0RVWUDGHDUWH%UDVLOHLUDHP%XHQRV$LUHV¤$UJHQWLQD¤ 0HWURSROLWDQ 0XVHXP ¤ OD QRFKH GH ORV   PLOKmR GH YLVLWDQWHVWURIpXOHRQDUGRGDYLQFL 0RVWUDGHDUWH%UDVLOHLUDHP/RQGUHV(ULF$UW¤ 0RVWUDGHDUWH%UDVLOHLUDHP2VOR1RUXHJD(ULF$UW 0RVWUDGHDUWH%UDVLOHLUDHP%HOJUDGRVpUYLD(ULF$UW 0XVHXP1LJKWPLOK}HVGHYLVLWDQWHV ([SRVLomRLQWHUQDFLRQDOGHDUWHFHQWURFXOWXUDO1HVWOp 79JORER(ULF$UWDQRVGLYXOJDQGRDDUWHDR UHGRUGRPXQGR

%UD]LOLDQDUWH[KLELWLRQ'XEDL8$( 5LR,QWHUQDWLRQDO([KLELWLRQ),)$ZRUOG&XS VEEDWYUHFRUG(ULF$UW\HDUVGLYXOJLQJDUWDURXQGWKH ZRUOG $UDUDV,QWHUQDWLRQDO$UW([KLELWLRQFHQWURFXOWXUDOGD 1HVWOpDUDUDVVS  ([SRVLomR GH DUWH PXQGLDO HP 'XEDL  ZRUOG WUDGH FHQWUH  ([SRVLomR GH DUWH %UDVLOHLUD HP 'XEDL  'XEDL ,QWHUQDFLRQDO$UWFHQWUH %LHQDOLQWHUQDFLRQDOGD$OHPDQKD'RUWPXQG GHVWDTXHGDH[SRVLomR ,QWHUQDWLRQDO$UW([KLELWLRQROtPSLDGDV5LRGH -DQHLUR5-%UDVLO ,QWHUQDWLRQDO$UWZHHN$EX'KDEL(PLUDGRV·UDEHV  $OJXQVWtWXORVRILFLDLVTXHDHPSUHVDUHFHEHX 7URIpXFXOWXUD¤3HWUySROLV5-¤$VVRFLDomR%UDVLOHLUD GH$UWH &RPHQGDGHSURPRWRUFXOWXUDO¤5LRGH-DQHLUR5-¤DEL DEG 7tWXORGHPHFHQDVGDVDUWHV¤VmR3DXOR63¤-RUQDO SULPHLUDPmR  7tWXOR GH SURPRWRU GD FXOWXUD %UDVLOHLUD ¤ 3UDJD ¤ 5HS~EOLFD7FKHND 3URPRWRUGDVDUWHVSOiVWLFDV¤$OHPDQKD

&5DFKHO6LQIRQLDGD5HFLFODJHP9,[FP

/LQN'((9(1726HULFDUW+773:::<2878%(&2086(5(5,&$57%5$=,/ 60


(9(172

$/925$'$)&

5($/,=$-$17$5%(1(),&(17(3$5$ &20(025$56(86$126'('2$d 2 ',9(56 2()87(%2/ 2$OYRUDGD)&IXQGDGRHP2XWXEURGHFRPSOHWRXDQRVQRILQDOGHUHDOL]RX XPMDQWDUEHQHILFHQWHSDUDFRPHPRUDUWRGRVHVVHVDQRVGHDOHJULDVHVROLGDULHGDGH

2

$OYRUDGD )& UHDOL]RX HVVH JHVWR GH

DWXDO GR $OYRUDGD )& 6HQKRUHV -RVH 5REHUWR

VROLGDULHGDGH QHVWH DQR GLItFLO GH 

&DUYDOKR -RVp &RXWR (OLR $OYHV 2GQDOGR %R]]D

DUUHFDGDQGR QHVWH MDQWDU FDL[DV GH OHLWH

&ODXGLR&RXWR*DEULHO9DVFR&DUORV)HUUHLUDH1DUGLQL

SDUD R $VLOR GH %RLWXYD 7HP SRXFD JHQWH ROKDQGR

HVHXVGHPDLVDVVRFLDGRVTXHSURFXUDPVHPSUHID]HU

SDUD RV LGRVRV 4XH KRMH VmR MRJDGRV SHORV FDQWRV

DGLIHUHQoDQHVVH%UDVLORQGHLQIHOL]PHQWHPXLWDVYH]HV

FRP HVVH VLVWHPD GH DSRVHQWDGRULD UXLP GH QRVVR

SUHVHQFLDPRVFRUUXSomRDWpQRHVSRUWH

SDtVGHVDEDIDXPGRVGLUHWRUHVGR$OYRUDGD)& )RL XPD IRUPD GH ID]HU PDLV XPD KRPHQDJHP SDUD D LQVWLWXLomRGHFDULGDGHGH%RLWXYD´$VLORµEHPFRPR XPD KRPHQDJHP SDUD D SUySULD GLUHWRULD H[HFXWLYD 62

3DUD VDEHU PDLV VREUH R $OYRUDGD )& HQWUH QR VLWH ZZZDOYRUDGDIFFRPEU 9HMDWRGDVDVIRWRVHPZZZUHYLVWDDPDLVFRPEU


(9(172

•(1&21752%(1(),&(17( '(&$55265(%$,;$'26(0%2,789$ 1RGLDGH-DQHLURIRLUHDOL]DGRHP%RLWXYD RSULPHLURHQFRQWUREHQHILFHQWHGHFDUURVUHEDL[DGRV GH%RLWXYDHUHJLmR

5

HDOL]DGR QR FHQWUR GH HYHQWRV GD FLGDGHRGRPLQJRIRLGHDSUHFLDGRUHV GH SHUVRQDOL]DomR GH FDUURV FRP REMHWLYRGHDUUHFDGDUDOLPHQWRVDR/DU6mR9LFHQWH GH 3DXOD 1mR IRL FREUDGD HQWUDGD PDLV VLP VROLFLWDGRDRVYLVLWDQWHVjGRDomRGHXPTXLORGH DOLPHQWR D VHU GRDGR D HQWLGDGH 2 HYHQWR UHDOL]DGR SHOD /RZ 6W\OH (YHQWRV FRQWRX FRP WHQGDVGHDOLPHQWDomR'-VHUHFUHDomRLQIDQWLO

64

&RQWLQXD


(9(172

Â&#x2022;(1&21752%(1(),&(17( '(&$55265(%$,;$'26(0%2,789$

66


Venha conhecer a casa dos seus sonhos.

Oportunidade Imperdível.

VALOR R$ 2.600.000

Maravilhosa casa com acabamento de altíssimo padrão, 4 suítes, 6 banheiros e 4 vagas. 2 suítes com hidromassagem. Cozinha gourmet e cozinha interna americana com belíssima ilha integrada a sala de jantar e sala principal.

Agende já uma visita!

Sala de cinema e escritório com uma vista incrível com sacada. Ótima localização, um dos melhores terrenos do Condomínio. O residencial Fazenda Alvorada conta com lagos que proporcionam uma paisagem privilegiada, academia de ginástica, quadra de tênis, restaurante, piscinas, e muito mais. Um verdadeiro resort.

Incrível conceito aberto. Casa totalmente decorada.

Lazer Completo

Casa com ótimo projeto de lazer e condomínio que é um verdadeiro Resort.

Mall Alvorada

Projeto de área comercial própria do condomínio em andamento. Muito mais conveniência.

Ampla e completa área de lazer. Condomínio com segurança 24h.

NEGOCIE DIRETO COM O PROPRIETÁRIO

(15) 99681.6691 (11) 95784.0553 contato@minhacasadecampo.com.br

587m² contruídos em terreno de 1.000m² Garagem para 4 automóveis.

Ótimo Investimento

Grande oportunidade, região e condomínio em plena valorização.

Conforto e Espaço

590 m² construídos em terreno estratégicamente localizado, ao lado clube social.

Confira mais detalhes deste imóvel em: www.minhacasadecampo.com.br

Fazenda Alvorada é um dos melhores e mais completos residenciais da região

Segurança 24h

Condomínio fechado com portaria e segurança total, 24 horas por dia.

Móveis Planejados

Todos os ambientes mobiliados com móveis planejados e eletrodomésticos de ponta.


&$5526

)(,7$12%5$6,/

$//1(:/75,72163257 2)(5(&(62),67,&$d 2&21)2572 ($03/,$/,1+$'(3,&$3(6 )RQWH$VVHVVRULDGH,PSUHQVD0LWVXELVKL0RWRUV

1RYDJHUDomRpIDEULFDGDQR%UDVLOHLUiFRPSOHPHQWDUDIDPtOLD/7ULWRQ TXHFRQWDFRPSLFDSHVFRQIRUWiYHLVSDUDDIDPtOLDHUREXVWDVQRWUDEDOKR &OLHQWHVSRGHPVHFDGDVWUDUSHODLQWHUQHWHFRQKHFHURFDUURHPSULPHLUDPmR

)

68

RUWH UREXVWD H DJRUD FRP QRYR

7XGRQRYR

VREUHQRPH $ $OO 1HZ / 7ULWRQ 6SRUW

2 FRQFHLWR ´$OO 1HZµ QmR p SRU DFDVR 1D TXLQWD

YHPFRPR'1$[GHVpULHHWUD]WRGRR

JHUDomR WXGR QD / 7ULWRQ 6SRUW IRL SHQVDGR H

NQRZKRZTXHD0LWVXELVKL0RWRUVWHPQRRIIURDGXPD

SURMHWDGR SDUD RIHUHFHU R Pi[LPR HP FRQIRUWR H D

SLFDSH FRP H[FHOHQWH GLULJLELOLGDGH GHVHPSHQKR H

PHOKRU GLULJLELOLGDGH e D SLFDSH PDLV HTXLOLEUDGD GR

FRQIRUWRDOLDGRVDXPFRQMXQWRHTXLOLEUDGRFRPDIRUoD

PHUFDGR 2 PRGHOR YHP HTXLSDGR FRP R QRYR H

HUHVLVWrQFLDTXHVyXPYHUGDGHLUR0LWVXELVKLRIHUHFH

PRGHUQR PRWRU / WXUER GLHVHO HP DOXPtQLR FRP

2PRGHORpSURGX]LGRQDIiEULFDGD0LWVXELVKL0RWRUV

FY H  NJIP GH WRUTXH $OLDGR D WXGR LVVR R

HP&DWDOmR *2 HHVWDUiGLVSRQtYHOQRPrVGHRXWXEUR

H[FOXVLYRVLVWHPD0,9(&TXHpFDSD]GHHQWUHJDUDOWR

HPWUrVYHUV}HV/7ULWRQ6SRUW+3(7RS/7ULWRQ

WRUTXHHPEDL[DVURWDo}HVHPXLWDSRWrQFLDHPUHJLPHV

6SRUW+3(H/7ULWRQ6SRUW*/6WRGDVFRPXPQRYR

HOHYDGRV VHP DEULU PmR GD FRQILDELOLGDGH

HPRGHUQRYLVXDO

GXUDELOLGDGH H HFRQRPLD GH FRPEXVWtYHO $ $OO 1HZ


/7ULWRQ6SRUWWHPH[FHOHQWHVGLPHQV}HVH[WHUQDVH LQWHULRUHVSDoRVR3URMHWDGDFRPDPDLVDOWDWHFQRORJLD HDHURGLQkPLFDD$OO1HZ/7ULWRQ6SRUWWHPPXLWR FRQIRUWR EDL[RV tQGLFHV GH UXtGR H RIHUHFH SUD]HU DR GLULJLU9HPHTXLSDGDFRPIDUyLVGHEL[rQRQFRP'5/ PDoDQHWDV FURPDGDV H HVSHOKR FRP UHEDWLPHQWR HOpWULFR 3RUGHQWURPXLWDVRILVWLFDomRFRPRVDFDEDPHQWRV 3LDQR%ODFNH&KURPH/LNH6LOYHUQRSDLQHOHFRQVROH FHQWUDOQRVSDLQpLVGHSRUWDHQRVHOHWRUHOHWU{QLFRGD WUDomR [ 3DUD SURSRUFLRQDU XP LQWHULRU DLQGD PDLV HQYROYHQWH H FRQIRUWiYHO HVVD SLFDSH YHP HTXLSDGD FRP DUFRQGLFLRQDGR 'XDO =RQH 6LVWHPD 0XOWLPtGLD 3RZHU 7RXFK FRP WHOD GH µ ERWmR 6WDUW6WRS SDUD SDUWLGDVHPFKDYHFkPHUDGHUpHVHQVRUHVGHFKXYD OXPLQRVLGDGHHHVWDFLRQDPHQWR2VEDQFRVFRPFRXUR WrP PHOKRU HUJRQRPLD H IRUDP GHVHQYROYLGRV SDUD RIHUHFHU DLQGD PDLV FRQIRUWR  H PHQRV IDGLJD  HP

2IIURDGFRPSOHWR

YLDJHQV ORQJDV 2 GR PRWRULVWD YHP FRP UHJXODJHP

1HQKXPD RXWUD SLFDSH DFXPXOD WDQWRV PpULWRV

HOpWULFD$$OO1HZ/7ULWRQ6SRUWpHTXLSDGDFRPR

FRQTXLVWDVHWtWXORVTXHFRPSURYDPVXDIRUoD6yQR

PDLVPRGHUQRVLVWHPDGHSURWHomRFRP)XOO$LUEDJVH

5DOO\GRV6HUW}HVDPDLRUSURYDRIIURDGGR%UDVLOVmR

QRYHEROVDVIURQWDLVODWHUDLVGHFRUWLQDHSDUDRMRHOKR

VHLV YLWyULDV VXSHUDQGR RV PDLRUHV REVWiFXORV H

GRPRWRULVWD$OpPGHFLQWRVGLDQWHLURVSUpWHQVLRQDGRV

FRQGLo}HVH[WUHPDV$FDoDPEDIRLGHVHQYROYLGDFRP

TXHVHDMXVWDPDRPi[LPRSDUDUHGX]LURVLPSDFWRVDR

SDUHGHVODWHUDLVPDLVDOWDVSDUDUHIRUoDUDUREXVWH]GR

FRUSRGRSDVVDJHLURHPFDVRGHXPDHYHQWXDOFROLVmR

GHVLJQ H[WHULRU &RP LVVR HOD VH WRUQRX PDLV IXQGD

IURQWDO

DPSOLDQGR VXD FDSDFLGDGH YROXPpWULFD -i D FDSDFLGDGHGHFDUJDpGHNJ2%UDNH/LJKWYHP LQWHJUDGRjWDPSDWUDVHLUDDXPHQWDQGRDVHJXUDQoD ,QWHULRUHVSDoRVRIXQFLRQDOHKDUP{QLFR $VVLPFRPRQRGHVLJQH[WHUQRRFRQFHLWR8OWLPDWH 6SRUW8WLOLWWDPEpPHVWiSUHVHQWHQRLQWHULRUGD$OO1HZ / 7ULWRQ 6SRUW 7RGDV DV SHoDV GH DFDEDPHQWR LQWHUQR IRUDP FXLGDGRVDPHQWH GHVHQYROYLGDV SDUD PD[LPL]DURHVSDoRLQWHUQRGDFDELQHHSURSRUFLRQDU DLQGD PDLV FRQIRUWR H VRILVWLFDomR 'HVGH R SDLQHO FHQWUDORGHVLJQpVLPpWULFRHUHPHWHjFRQWLQXLGDGHH LQWHJUDomRGRUHYHVWLPHQWRGDVSRUWDVDVVLPFRPRGR FRQVROHFHQWUDOGRDVVRDOKR3RUGHQWURDVFRUHVFLQ]D H SUHWR HVWmR HP SHUIHLWD KDUPRQLD WUDQVPLWLQGR HVSRUWLYLGDGH H UHILQDPHQWR UHIOHWLQGR WDPEpP D SUDWLFLGDGHGHXWLOL]DomRQHFHVViULDSDUDXPDSLFDSH 2YRODQWHSRVVXLDMXVWHVGHSURIXQGLGDGHHDOWXUDDOpP GRV FRPDQGRV GH iXGLR FUXLVH FRQWURO H DFHVVR DR WHOHIRQHSRUEOXHWRRWK 69


&$5526

)(,7$12%5$6,/$//1(:/75,72163257 2)(5(&(62),67,&$d 2&21)2572($03/,$/,1+$'(3,&$3(6 )RQWH$VVHVVRULDGH,PSUHQVD0LWVXELVKL0RWRUV

&RPRGLGDGHHVHJXUDQoD $ $OO 1HZ / 7ULWRQ 6SRUW YHP HTXLSDGD FRP FRQWUROH GH WUDomR H HVWDELOLGDGH $76& TXH JDUDQWH 7UDomR

PDLV VHJXUDQoD SUHFLVmR H FRQWUROH $ $OO 1HZ / 7ULWRQ 6SRUW p HTXLSDGD FRP R H[FOXVLYR 76$ 7UDLOHU

&RPR.H\OHVV2SHUDWLRQ6\VWHPpSRVVtYHOWUDYDUH

6WDELOLW\$VVLVW TXHHVWDELOL]DRFRQMXQWRWUDLOHUYHtFXOR

GHVWUDYDUDVSRUWDVVHPRXVRGDFKDYH(SDUDGDU

TXDQGRRIHQ{PHQRGHVHUSHQWHDPHQWRIRUGHWHFWDGR

SDUWLGD QR PRWRU EDVWD SUHVVLRQDU XP ERWmR 3DUD D

JDUDQWLQGRDLQGDPDLVVHJXUDQoD2VLVWHPDGHIUHLRVp

FRPSOHWDFRPRGLGDGHGRPRWRULVWDHSDVVDJHLURVVmR

FRPSOHWR FRP $%6 (%' %$6 ID]HQGR FRP TXH D

SRUWDREMHWRVHOX]HVGHFRUWHVLDDOpPGRSRUWD

IUHQDJHP VHMD HILFD] DWp PHVPR HP VLWXDo}HV

yFXORVQRFRQVROHGHWHWR2SRUWDOXYDVWHPRSUiWLFR

H[WUHPDV $OpP GLVVR R YHtFXOR FRQWD FRP R %UDNH

´3XVK/RFNµTXHWHPDWDPSDFRPDEHUWXUDDPRUWHFLGD

2YHUULGH6\VWHP%26TXHPRQLWRUDFRQVWDQWHPHQWH

HIDFLOLGDGHGHDFHVVRWDPEpPSHORODGRGRPRWRULVWD

RV VLQDLV GR IUHLR H DFHOHUDGRU &DVR R IUHLR VHMD DFLRQDGR MXQWR FRP R DFHOHUDGRU H FRQILJXUH XPD VLWXDomRGHHPHUJrQFLDRVLVWHPDUHGX]DVURWDo}HV GRPRWRUJUDGDWLYDPHQWHDWpDSDUDGDWRWDOHFRQWURODGD GR YHtFXOR (P FRQMXQWR FRP WXGR LVVR HVWi R (66 (PHUJHQF\6WRS6LJQDO XPDVLQDOL]DomRGHIUHQDJHP GHHPHUJrQFLDTXHIXQFLRQDFRPRXPDOHUWDSDUDHYLWDU FROLV}HV DFLRQDQGR DV OX]HV GH IUHQDJHP GH IRUPD LQWHUPLWHQWH &RUHVHYDQWDJHQV $ $OO 1HZ / 7ULWRQ 6SRUW WHP D 0LW5HYLVmR FRP SUHoRIL[RRPDLVEDL[RGDFDWHJRULDHVHUiRIHUHFLGD HP RLWR FRUHV %UDQFR $OSLQR %UDQFR )XML 3UDWD 5RGKLXP 3UDWD &RRO &LQ]D /RQGULQR 3UHWR Ã&#x2018;QL[ 9HUPHOKR5XEL0DUURP&DFDXH$]XO3HWUyOHR

70


9,75,1(

)/25(1d$35(6(17(6 '(&25$d¯(6 6XTXHLUDV 9iULRVPRGHORV

$SDUWLUGH5

6®2%(1(',72 63257 ),71(66 &DPLVHWDV/LFHQFLDGDV1%$ 9iULRVWLPHV

5 FDGD HPDWp;

0$5e6+233,1* &RQMXQWRGHSDQHODV*DUOLFYHUPHOKDSHoDV%ULQR[ 5HP;VMXURVQRFDUWmR

2852(35$7$35(6(17(6 /2-$

&DL[DGHVRPSRUWiWLO,129$FRP%OXHWRRWK FRPSDWtYHOFRP,3$',3+21(60$573+21(6 86%H0LFUR6'VLQWRQL]DIUHTXrQFLDV)0 5

%$=$5(3$3(/$5,$ 6$9$66$ )LFKiULR3DXO)UDQN 5DYLVWDRX [5

2852(35$7$35(6(17(6 /2-$

*R3Uy+HUR:KLWH(GLWLRQ *UDYDYtGHRVGHDOWDTXDOLGDGHSSH SHIRWRV03HPDWpTXDGURVSRUVHJXQGR 5HPDWp[QRFDUWmR

)/25(1d$35(6(17(6 '(&25$d¯(65XD&RURQHO(XJrQLR0RWWD&HQWUR%RLWXYD63)RQH  0$5e6+233,1*$Y0DULR3HGUR 9HUFHOOLQR²&HQWUR²%RLWXYD63)RQH  2852(35$7$35(6(17(6/RMD5XD&HO(XJrQLR0RWD&HQWUR²%RLWXYD63²)RQH  /RMD4XLRVTXH6KRSSLQJ9LOOD'·2XUR%RLWXYD636®2%(1(',7263257 ),71(665XD&HO(XJrQLR0RWWD&HQWUR%RLWXYD63 )RQH   72772


9,75,1(

6®2%(1(',72 63257 ),71(66

%ROD3HQDOW\6RFLHW\6WRUP 8OWUD)XVLRQ 5HPDWp;

5($/&(35(6(17(6

0$5e6+233,1*

0DVFDUDV%DLOHGH*DOD ­SDUWLUGH5

,0$&

6PDUWSKRQH6DPVXQJ*DOD[\-3ULPH3UHWR 794XDG&RUH*K] 03*%7HOD*'XRV 'HVEORT¬ [GH5 FDUWmR

[GH5 FDUQr

5RoDGHLUDjJDVROLQD7HUUD*+5 &.LW(3,$JUtFROD 5HP;VMXURVQRFDUWmR

,0$&

6PDUWSKRQH/HQRYR9LEH.'RXUDGRFRP*% 7HOD´&kPHUD03* 'XDO&KLS$QGURLG5$0GH*%H3URFHVVDGRU 4XDOFRPP2FWD&RUH [GH5 FDUWmR

[GH5 FDUQr

[GH5 FDUQr

[GH5 FDUQr

,0$&5XD0DQRHOGRV6DQWRV)UHLUH&HQWUR%RLWXYD)RQH  0$5e6+233,1*$Y0DULR3HGUR9HUFHOOLQR²&HQWUR²%RLWXYD63 )RQH  5($/&(35(6(17(65XD6mR5RTXH&HQWUR%RLWXYD)RQH  6®2%(1(',7263257 ),71(665XD&HO (XJrQLR0RWWD&HQWUR%RLWXYD63)RQH   74


%(/(=$

'(50$72/2*,67$'·',&$6

3$5$1Â 2&203520(7(5$%(/(=$'$3(/( 32580$6(0$1$'(&$51$9$/ 3RU*XLOKHUPH=DQHWWH 07%63 KROGLQJFRPXQLFDFRHV)RQWH'UD&ODXGLD0DUoDO

'HUPDWRORJLVWDDSRQWDDOJXPDVGLFDVSDUDDSURYHLWDURIHULDGmRVHPDPHQRUSUHRFXSDomRGHDFRUGDU QD4XDUWDIHLUDGH&LQ]DVFRPDSHOHGHVLGUDWDGDFRPPDQFKDVDOHUJLDYHUPHOKLGmRLQGLVSRVLomRHWF

e

GXUDQWHRFDUQDYDOTXHIROL}HVDEXVDPGD H[SRVLomR DR VRO VHP IRWRSURWHWRU GDV EHELGDV DOFRyOLFDV GD DOLPHQWDomR JRUGXURVD GD PDTXLDJHP GHQWUH RXWURV H[DJHURV TXH FDXVDP DUUHSHQGLPHQWR QRV PHVHV SRVWHULRUHV SRLV FRPSURPHWHP D VD~GH H EHOH]D GD SHOH3RULVVRSDUDTXHQmRKDMDVXVWRVGHSRLVGDIHVWD D GHUPDWRORJLVWD 'UD &ODXGLD 0DUoDO PHPEUR GD 6RFLHGDGH %UDVLOHLUD GH 'HUPDWRORJLD SUHSDURX DOJXPDV GLFDV SULPRUGLDLV H VXJHVW}HV GH SURGXWRV TXH QmR SRGHP IDOWDU QD EDJDJHP 6H SHOR PHQRV SDUWHGDVUHFRPHQGDo}HVIRUHPVHJXLGDVFHUWDPHQWH D SHOH FRQWLQXDUi VDXGiYHO SDUD RV GLYHUVRV IHULDGRV TXHDLQGDYLUmRSRUDt&RQILUD $OLPHQWDomR)UXWDVYHUGXUDVHOHJXPHVVmREHP YLQGRV SULQFLSDOPHQWH RV TXH IRUQHFHP QXWULHQWHV j SHOHFRPSURSULHGDGHVDQWLR[LGDQWHVFRPRDFHQRXUD HDDOIDFHSRUH[HPSOR,QYLVWDQDVIROKDVYHUGHHVFXUDV 76

QRWRPDWHHQRJHQJLEUHTXHpDQWLLQIODPDWyULR8PDERD IUXWDpRPHOmRSHODSURSULHGDGHLPXQROyJLFDHRGRWLSR FDQWDOXSH SRU VHU ILWRHVWURJHQLR QDWXUDO FRQWD D GHUPDWRORJLVWD 3RUWDQWR UHIHLo}HV OHYHV VHP H[DJHURV FDOyULFRV $V IUXWDV VmR ULFDV HP ILEUDV YLWDPLQDVHVDLVPLQHUDLVDOpPGRHOHYDGRWHRUGHiJXD FRPRSHUDXYDHPHODQFLD %HELGDV  1mR VH HQJDQH FHUYHMD QmR KLGUDWD QLQJXpPSHORFRQWUiULRVHLQJHULGDHPH[FHVVRSRGH JHUDUGHVLGUDWDomR%HELGDVFRPRFHUYHMDYRGFDHRXWURV GHVWLODGRVDMXGDPDGHVLGUDWDUSRUWDQWRVHFRQVXPLUHVVDV EHELGDVQmRVHHVTXHoDGDiJXDORJRHPVHJXLGD8PDERD GLFD SDUD KLGUDWDomR p D LQJHVWmR GH iJXD GH FRFR LVRW{QLFRVRXVXFRVQDWXUDLVÂ¥QRFDVRGDVIUXWDVFtWULFDV FXLGDGR SDUD QmR VH H[SRU DR VRO H FDXVDU PDQFKDV UHFRPHQGD&RPRDVIUXWDVYHUPHOKDVVmRGLItFHLVGH DFKDU Ki D RSomR GH VXFR GH DPRUD PLUWLOR H IUDPERHVD &RQWLQXD


%(/(=$

'(50$72/2*,67$'·',&$6 3$5$1 2&203520(7(5$%(/(=$'$3(/( 32580$6(0$1$'(&$51$9$/ 3RU*XLOKHUPH=DQHWWH 07%63 KROGLQJFRPXQLFDFRHV)RQWH'UD&ODXGLD0DUoDO

6RO  2 KRUiULR GH YHUmR  SDUD XP EURQ]HDPHQWR VDXGiYHOpDWpjVKHGHSRLVGDVK)RUDGHVWHV KRUiULRV p LPSUHVFLQGtYHO SURWHJHUVH DSOLFDQGR D FDGDGXDVKRUDVXPDFDPDGDDGHTXDGDGHSURWHWRU VRODUHKLGUDWDUVHFRPPXLWDiJXD&DVRTXHLUDID]HU H[HUFtFLRVpUHFRPHQGiYHOID]rORVEHPFHGRRXQR ILQDOGRGLD ¾FXORVGHVRO1mRVHHVTXHoDGHXViORVFRQVWDQWH PHQWHSRUTXHRH[FHVVRGHFODULGDGHGDDUHLDSRGH FDXVDU GDQRV j FyUQHD LQIODPDomR  $OpP GLVVR D FODULGDGH GRV UDLRV VRODUHV QRV REULJD D FRQWUDLU RV P~VFXORV DR UHGRU GRV ROKRV R TXH SRGH GHPDUFDU OLQKDV GH H[SUHVVmR 2V yFXORV WDPEpP SURWHJHP D iUHDGRVROKRVGRFRQWDWRFRPRVUDLRV89TXHSRGHP SURYRFDUEROVDVHIODFLGH] 6RQReGHIXQGDPHQWDOLPSRUWkQFLD2LGHDOpTXHVH WHQKDSHORPHQRVVHLVKRUDVVHJXLGDVGHERPVRQR GLDULDPHQWH8VRGHFUHPHVDQWLR[LGDQWHVQRWXUQRVHTXH FRQWHQKDP2YHUQLJKW5HSDLUXPLQJUHGLHQWHTXHHVWLPXODD UHSDUDomR H UHJHQHUDomR GDV FpOXODV TXH DFRQWHFH QR SHUtRGR QRWXUQR H[SOLFD D PpGLFD 0DQWHQKD R VHX TXDUWRIUHVFRHVFXURHFRQIRUWiYHO 2OKHLUDV6HDIHVWDIRLORQJDHQRGLDVHJXLQWHRV ROKRV ILFDUDP LQFKDGRV XPD DOWHUQDWLYD UiSLGD H PRPHQWkQHDpDSOLFDUFRPSUHVVDVGHFKiGHFDPRPLOD JHODGR SRU GH] PLQXWRV H FDEHFHLUD HOHYDGD TXH SURPRYHYDVRFRQVWULomRGLPLQXLomRGRLQFKDoRHDomR DQWLLQIODPDWyULD SHOR FDPD]XOHQR H DOID ELVDERORO SUHVHQWHVQDFDPRPLOD &DEHORV  /HPEUHVH TXH FRXUR FDEHOXGR WDPEpP TXHLPD 3RUWDQWR XVH SURGXWRV HVSHFtILFRV SDUD SURWHomRVRODUSDUDRVFDEHORVHXVHXPFKDSpXRXXP ERQp 1D SUDLD RX SLVFLQD OHYH XPD JDUUDILQKD FRP iJXD PLQHUDO H PROKH VHPSUH RV FDEHORV GHSRLV GH 78

PHUJXOKDU $ PpGLFD H[SOLFD TXH GHVWD IRUPD YRFr HVWDUi HYLWDQGR R DF~PXOR GH FORUR RX DUHLD QRV FDEHORV 3URWHomR SDUD RV OiELRV  (OHV VmR VHP G~YLGD QHQKXPDXPDGDViUHDVPDLVVHQVtYHLVHGHOLFDGDVGR QRVVRFRUSRHSUHFLVDPVHPSUHHVWDUSURWHJLGRVFRQWUD DJUHVVRUHV H[WHUQRV TXH FDXVDP UDFKDGXUDV GHVFDPDo}HV DUGrQFLD H SLRU GH WXGR KHUSHV PDQLIHVWDomRPXLWRFRPXPQHVVDpSRFDGHIUHTXHQWH H[SRVLomR DR VRO VHP IDODU QRV FDUFLQRPDV 3DUD UHGX]LUHVWHVHIHLWRVRLGHDOpDXWLOL]DomRGHSULQFtSLRV DWLYRV LPSRUWDQWHV HQFRQWUDGRV HP ILOWUR VRODU FXMD DomRUHFDLVREUHUDLRV89$H89% 2VIXPDQWHVSUHFLVDP WHUFXLGDGRUHGREUDGRSRLVRFLJDUURDXPHQWDDIRUPDomR GRV UDGLFDLV OLYUHV TXH DWDFDP D SHOH H IDYRUHFHP R DSDUHFLPHQWRGHYLQFRVHUXJDV  0DTXLDJHP$VFRUHVID]HPSDUWHGRIHULDGRPDV QmRVLJQLILFDTXHVHGHYHDEXVDUGDPDTXLDJHP8VH FRP PRGHUDomR H SUHILUD VRPHQWH KLGUDWDQWHV RX %%FUHDPVDRLQYpVGHXVDUEDVH(YLWHRXVRGHEDWRQV GHORQJDGXUDomRHSUHILUDRVTXHSRVVXHPSURWHomR VRODU 6HPSUH OHPEUHVH GH UHPRYHU FRP SURGXWRV HVSHFLDLVSDUDiUHDGRVROKRVGHSUHIHUrQFLDELIiVLFRV &RUSR7RPHPXLWDiJXDPDLVGRTXHRVGRLVOLWURV UHFRPHQGDGRV SRU GLD SRUTXH D WUDQVSLUDomR p H[FHVVLYDQHVWDpSRFD8VHURXSDVOHYHVGHDOJRGmRH GHSUHIHUrQFLDTXHWHQKDSURWHomRVRODUHYLWHWHFLGRV VLQWpWLFRV1DKRUDGREDQKRSUHILUDDiJXDGHPRUQDD IULDSDUDQmRUHVVHFDUDSHOHHHYLWHXVDUGHVRGRUDQWH FRP DOWR SRGHU DQWLSHUVSLUDQWH SDUD QmR JHUDU LQIODPDomR´Â&#x;QRLWHLQYLVWDHPKLGUDWDQWHVSyVEDQKRFRP DWLYRVSRWHQWHVFRPR+\D[HOHDQWLR[LGDQWHVFRPR27=H &RIIHH6NLQµ


6$Á'(

&5(6&(1Á0(52'( &$626'(3µ1,&2$662&,$'2 $275$1672512'($16,('$'( 41RWtFLD)RQWH'UD$QD3DXOD$QWRQHOL5LEHLURGR&HQWUR0pGLFR6mR-RVpGH&HUTXLOKR 63 

2HVWUHVVHWHPOHYDGRFDGDYH]PDLVSHVVRDVDDSUHVHQWDUHP RVVLQWRPDVGDGRHQoDDOHUWDPpGLFDFRPHVSHFLDOL]DomRHPSVLTXLDWULD GR&HQWUR0pGLFR6mR-RVpGH&HUTXLOKR 63 

1

mRpGLItFLODWXDOPHQWHHQFRQWUDUXPDSHVVRDSUy[LPDTXHDSUHVHQWDDOJXPVLQWRPDGH WUDQVWRUQRGHDQVLHGDGH8PDVpULHGHDVSHFWRVGRQRVVRFRWLGLDQRFRPRSUHVVmRSRU UHVXOWDGRVQRDPELHQWHGHWUDEDOKRRXQRVHVWXGRVGLILFXOGDGHVILQDQFHLUDVRXSUREOHPDV IDPLOLDUHVID]HPFRPTXHDVSHVVRDVVHVLQWDPFDGDYH]PDLVDIOLWDVRTXHFXOPLQDQRVFDVRVPDLV JUDYHVFRPVLQWRPDVItVLFRVFRPRIDOWDGHDUPDOHVWDUVXRUIULRHDWpPHVPRVHQVDomRGHPRUWH

80

&RQWLQXD


6$Á'(

&5(6&(1Á0(52'(&$626'(3µ1,&2$662&,$'2 $275$1672512'($16,('$'(

41RWtFLD)RQWH'UD$QD3DXOD$QWRQHOL5LEHLURGR&HQWUR0pGLFR6mR-RVpGH&HUTXLOKR 63 

$ PpGLFD DOHUWD TXH D GRHQoD p SRXFR SHUFHELGD SHOR SDFLHQWH WRPDQGR FRQWD DRV SRXFRVGRGLDDGLD´2WUDQVWRUQRGHDQVLHGDGHp FRQVLGHUDGRXPPDOGDPRGHUQLGDGHDGYLQGRGHXP HVWLOR GH YLGD DWULEXODGR 2 IDWRU SDUD R GHVHQFDGHDPHQWRGDGRHQoDJHUDOPHQWHpRPHGRHD LQVHJXUDQoD4XDQGRVHSHUGHRFRQWUROHDFRQWHFHD FULVHQHUYRVDµH[SOLFD 2 TXDGUR WDPEpP WHP DODUPDGR R JRYHUQR EUDVLOHLUR3HVTXLVDGRUHVGD8QLYHUVLGDGHGH6mR 3DXOR 863  DR HVWXGDUHP RV GDGRV GD 3UHYLGrQFLD 6RFLDO GHVFREULUDP TXH RV WUDQVWRUQRV PHQWDLV Mi VmR D WHUFHLUD SULQFLSDO FDXVD GRV DIDVWDPHQWRV GRV WUDEDOKDGRUHV QR SDtV $OpP GLVVR D 2UJDQL]DomR 0XQGLDO GD 6D~GH Mi VH GHFODURX SUHRFXSDGD FRP R WHPD XPD YH] TXH  GD SRSXODomR PXQGLDO VREUH FRPRSUREOHPD´eXPDTXHVWmRTXHMiDIHWDJUDQGH SDUWH GD SRSXODomR 8PD PDQHLUD GH SUHYHQLU p SUDWLFDUDWLYLGDGHVItVLFDVWpFQLFDVGHUHVSLUDomRRX LRJD 4XDQGR R SDFLHQWH SHUFHEH TXH SRVVXL DOJXP VLQWRPD FRUUHODWR j GRHQoD p LPSUHVFLQGtYHO D FRQVXOWD FRP XP HVSHFLDOLVWDµ UHIRUoD 'UD $QD 3DXOD

(VVDVSHUFHSo}HVWrPOHYDGRPXLWRVSDFLHQWHV D DSUHVHQWDUHP R TXDGUR FOtQLFR GH SkQLFR DVVRFLDGR DR WUDQVWRUQR GH DQVLHGDGH 1R FRQVXOWyULR GD PpGLFD FRP HVSHFLDOL]DomR HP SVLTXLDWULD 'UD $QD 3DXOD $QWRQHOL 5LEHLUR GR &HQWUR 0pGLFR 6mR -RVp GH &HUTXLOKR 63  R Q~PHUR GH SDFLHQWHV GLDJQRVWLFDGRV FRP D GRHQoDWHPFUHVFLGRQRV~OWLPRVDQRVFKHJDQGR DDSUR[LPDGDPHQWHGRVFDVRV6HJXQGRD )LTXH DWHQWR DRV VLQDLV GR WUDQVWRUQR GH HVSHFLDOLVWD WRGRV RV SUREOHPDV DSUHVHQWDGRV HVWmR GLUHWDPHQWH DVVRFLDGRV DR WUDQVWRUQR GH DQVLHGDGH DQVLHGDGH VHQGR TXH RV SULQFLSDLV VLQDLV ª 6HQWH SUHRFXSDomR H[FHVVLYD PHVPR FRP GHPRQVWUDGRV VmR SUHRFXSDomR H[FHVVLYD GLILFXOGDGHGHFRQFHQWUDomRIDGLJDLUULWDELOLGDGH TXHVW}HVGHPHQRUFRPSOH[LGDGH ª'LILFXOGDGHSDUDGRUPLUHGHVHFRQFHQWUDU LQV{QLDHLQTXLHWDomR ª7HQVmRPXVFXODU ª)DGLJD ª,UULWDELOLGDGHHLQTXLHWDomR ª3HUIHFFLRQLVPRH[LJLQGRPXLWRGHVLPHVPR ª6HQVDomRGHPRUWHWDLVFRPRDSHUWRQDJDUJDQWD H QR SHLWR FRUDomR DFHOHUDGR PmRV IULDV WRQWXUD IUDTXH]DHGRUHVQRHVW{PDJR

82


w w w. c o o e . c o m . b r

Venha visitar a COIT! Estamos preparados para realizar tratamentos preventivos, corretivos e reabilitadores com excelência, afinal são 17 anos de tradição e profissionalismo!

• Implantes • enxertos ósseos • cirurgias avançadas • ortodontia • prótese • disfunção de ATM • clareamento à laser • clínica geral e endodontia.

Dra. Aline Deboni Gabas CROSP 74084

Dr. Sergio Shigueyuki Tsumura CROSP 58907

Dr. Vinicius Ribeiro CROSP 99212

Unidade Tatui: Rua XV de Novembro, 314 - Centro - Tel. (15) 3259-6641 Unidade Itapetininga: Rua Bernardino de Campos, 235 - Centro - Tel. (15) 3275-1166 Unidade Diadema: Pça. Castelo Branco, 163 sala 14 - Centro - Tel. (11) 4043-3536


&$3$

%·5%$5$)5$1d$ )RQWHGRSURGXFWLRQV)RWRV6HUJLR%DLD6W\OH7UDF\5DWR%HOH]D.OH\WRQ5LJRQ

%DUEDUD)UDQoDQDVFHXHP6mR/RXUHQFR0*PDVIRLFULDGDQR5LRGH-DQHLUR $RVDQRVLQLFLRXVXDFDUUHLUDQD79HPQRHVSHFLDOGHILPGHDQRGD5HGH*ORER FKDPDGR

2V$PDGRUHV

$RVDQRVIH]WUDEDOKRVFRPRPRGHORHHVWUHORXUHQRPDGDV FDPSDQKDVFRPR&RFD&ROD,WDX%DQFRGR%UDVLO%UDGHVFR7LP+\XQGDL +RQGD/HDGHU/\SWRQ1HVWHD/LQHDHQWUHRXWURV

84


(PSDUWLFLSRXGRSURJUDPD/LQKD'LUHWDHSLVyGLR0RQLFD*UDQX]]RGD5HGH*ORER1RDQRGHLQWHJURXDR HOHQFRGRKXPRUtVWLFR 

7XUPDGR'LGL

WDPEpPGD5HGH*ORERRQGHFRQWUDFHQRXFRPtFRQHVFRPR5HPDWR$UDJmR$ SDUWLU GHVWH PRPHQWR %DUEDUD IRL FKDPDGD SDUD GLYHUVDV SDUWLFLSDo}HV HP QRYHODV GD HPLVVRUD 6HPSUH IRFDGD H GHWHUPLQDGDHPVXDFDUUHLUDDSULPRURXVHXODGRDUWtVWLFRFRPFXUVRVGHWHDWURH7YFRPR27DEODGR$UWFrQLFDV $QWRQLR $PkQFLR 1XHVSDoR(VFRODGH$WRUHV:ROI0D\DH&RPSDQKLDGH7HDWURFRQWHPSRUkQHR1RFLQHPDHPLQWHJURXDR FDVWLQJGRORQJD

*DURWDV

GLULJLGRSRU$OH[0HGHLURVGDQGRYLDjSHUVRQDJHP0LOHQDXPDGDVWUrVSURWDJRQLVWDV2 ILOPHIRLGLVWULEXtGRSHOD3DULV)LOPHVHILFRXHPFDUWD]QRVFLQHPDVGHWRGDVDVFDSLWDLVGR%UDVLOQRILQDOGRDQRGH 'XUDQWHDVILOPDJHQVGRORQJDIRLFRQYLGDGDSHORDXWRUHGLUHWRU3DXOR1DVFLPHQWRDLQWHJUDURHOHQFRGHVXDVpULH

$QLPDO

TXHVHULDDSULPHLUDSDUFHULDGD*ORERFRPD*ORERVDW6XDSHUVRQDJHPHUDD(VWUHODHDWUDPDWLQKDFRPR SURWDJRQLVWD(GVRQ&HOXODUL(PIRLFRQYLGDGDSHOD5HGH*ORERSDUDSDUWLFLSDUGHXPZRUNVKRSFRPRSUHSDUDGRU GHHOHQFR(GXDUGR0LOHZLF]8PDRSRUWXQLGDGH~QLFDQDTXDOSRGHDSUHQGHUPXLWRHWDPEpPPRVWUDURVHXWUDEDOKR2 UHVXOWDGRpTXHHP%DUEDUD)UDQoDLQWHUSUHWDDYLOm%DUEDUDQDQRYDWHPSRUWDGDGH0DOKDomR3URGLD1DVFHU)HOL] %DUEDUD)UDQoDHVWiUHQRYDQGRFRPD7Y*ORERHpXPDGDVQRYDVDSRVWDVIHPLQLQDVGDHPLVVRUD &RQILUDQRVVDHQWUHYLVWD

$PDLV'HVGHSHTXHQDVHPSUHVRQKRXHPWUDEDOKDUQD WHOHYLVmR" %iUEDUD'HVGHSHTXHQDHXMiWLQKDHPPHQWHTXHHX TXHULD VHU DWUL] &RPHFHL ID]HQGR WHDWUR HP FXUVRV FRPR 2 7DEODGR 2 &LD GH 7HDWUR &RQWHPSRUkQHR H SDUWLFXODUPHQWH PHX IRFR VHPSUH IRL 79 H SULQFLSDOPHQWHFRPHoDUPLQKDFDUUHLUDQD0DOKDomRH DSyV YiULRV WHVWHVHXFRQVHJXL UHDOL]DU HVVHVRQKR H WHQKRPHGHGLFDGRPDLVGHWRGRVRVGLDV $PDLV3RUWHUSDVVDGRSHODFDUUHLUDGHPRGHORKRMHD %iUEDUD SURFXUD DFRPSDQKDU DV WHQGrQFLDV GD PRGD DWXDOPHQWH" %iUEDUD(XVHPSUHJRVWHLPXLWRGHPRGDWUDEDOKHL FRPRPRGHORSRUXPWHPSRPDVQmRVRXGRWLSRGH SHVVRD TXH p VXSHU DQWHQDGD  TXH  DFRPSDQKD GHVILOHV PDV HX SURFXUR VHPSUH OHU XP SRXFR SHUJXQWDUSDUDDPLJDVTXHWUDEDOKDPQDiUHDGHPRGD SRUpPHXVRXPXLWRILHODRPHXHVWLORVHDOJRHVWiQD PRGDRXQmRVHHVWiGHQWURGRPHXJRVWRHXXVRVHP SUREOHPDV $PDLV9RFHpYDLGRVD"3UDWLFDDOJXPHVSRUWHHTXDOD UHFHLWDEiVLFDSDUDVHPDQWHUHPIRUPD" %iUEDUD(XVRXYDLGRVDHXPDPXOKHUPXLWRDWLYD 3UDWLTXHL YiULRV HVSRUWHV FRPR *LQiVWLFD 2OtPSLFD )XWHERO GH $UHLD 0XD\ 7KD\ %DVTXHWH PDV SRU FRLQFLGrQFLDRHVSRUWHTXHHXPDLVPHLGHQWLILFRpR 9{OHLGH3UDLDTXHpRWHPDGD0DOKDomR3UR'LD1DVFHU )HOL](XSUDWLTXHLSRUDQRVY{OHLGHSUDLDSDUWLFLSHL GH FRPSHWLo}HV H TXDVH IXL IHGHUDGD PDV R TXH WRPDULDPXLWRGRPHXWHPSRHLULDDWUDSDOKDURVPHXV HVWXGRV D IDFXOGDGH 0DV R TXH HX FRQFLOLR FRP DV JUDYDo}HVDPDOKDomRVHPDQDOHQRVILQDLVGHVHPDQD RY{OHLQDSUDLD 85


&$3$

%·5%$5$)5$1d$ )RQWHGRSURGXFWLRQV )RWRV6HUJLR%DLD 6W\OH7UDF\5DWR %HOH]D.OH\WRQ5LJRQ

$PDLV1DVKRUDVYDJDVRTXHPDLVJRVWDGHID]HU" %iUEDUD 'HQWUR GD URWLQD LQWHQVD GH JUDYDomR TXDQGRWHQKRXPWHPSRYDJRHXJRVWRGHYLDMDU 1DVYLDJHQVHXOHYRPHXFRPSXWDGRUSDUDDVVLVWLU ILOPHVTXHPHDFUHVFHQWDPDUWLVWLFDPHQWHHVWXGR PHXVWH[WRVGDQRYHOD)XJLUXPSRXFRGDFLGDGHH WHUFRQWDWRFRPDQDWXUH]DID]FRPTXHHXUHQRYH PLQKDV HQHUJLDV SDUD YROWDU DR WUDEDOKR FRP JiV WRWDO $PDLV &RPR p LQWHUSUHWDU D 9LOm %iUEDUD HP 0DOKDomR"$OJRHPFRPXPFRPD%iUEDUD)UDQoD" %iUEDUD(VWiVHQGRXPSUHVHQWHPDUDYLOKRVR(X HVWRXKiDQRVPHSUHSDUDQGRHVWXGDQGRHDYLOm ´%iUEDUD FKHJRX QR PRPHQWR FHUWR GD PLQKD FDUUHLUDHPHGHGLFRWRGRVRVGLDVSDUDHOD $PDLV 6H WLYHVVH TXH HVFROKHU ILOPH RX QRYHOD" &RPRIRLDH[SHULrQFLDGDVWHORQDV" %iUEDUD (X HVFROKHULD RV GRLV $PHL ID]HU FLQHPD R ILOPH IRL XPD H[SHULrQFLD LQFUtYHO 0HX IRFR p QmR SDUDU GH DWXDU QXQFD TXHUR Mi SRGHU HPHQGDU XPD QRYHOD QD RXWUD ID]HU ILOPHV H QmR SDUDU (VWRX SUHSDUDGD SDUD HQFDUDU WRGRV RV GHVDILRV $PDLV (VWi DQLPDGD SDUD GHVILODU QR &DUQDYDO "&RPRIRLRFRQYLWH" %iUEDUD (X HVWRX VXSHU HPSROJDGD SDUD R FDUQDYDO (X VRX PLQHLUD DGRUR FDUQDYDO GHVGH SHTXHQDSDVVHLSRUYiULRVFDUQDYDLVLQFOXVLYHGH UXD2FRQYLWHVXUJLXDWUDYpVGDHVFRODSRLVGHVGH SHTXHQDHXLDQRVHQVDLRVQRFOXEHSHUWRGDPLQKD FDVDpEDFDQDID]HUSDUWHGHVWDKLVWyULDGDHVFROD SRUTXHHXVRX*UDQGH5LRGHVGHVHPSUH(VSHURD WRUFLGDGHWRGRVSHOD*UDQGH5LR $PDLV3ODQRVIXWXURVSDUDDFDUUHLUD" %iUEDUD 1RV PHXV SODQRV SDUD D FDUUHLUD p PDQWHU R PHX IRFR TXHUR QRYRV GHVDILRV QD 7Y *ORER HP QRYHODV H VHULHV 3URFXUR HVWDU VHPSUH PHUHFLFODQGRHDSUHQGHQGRFRPRVSURILVVLRQDLV DRPHXUHGRUSURFXURILOPHVTXHDFUHVFHQWHPQD PLQKDFDUUHLUDHQRPHXGHVHPSHQKRDUWtVWLFRSDUD TXHHVWHMDVHPSUHPHDSHUIHLoRDQGR

5DSLGDV 8PDFRPLGD0DVVD 8POXJDU/RQGUHV 8PDP~VLFD*RR*RR'ROV,ULV 86


9,1+26

$,03257µ1&,$'$

6$)5$'269,1+26 6HUiTXHLVVRUHDOPHQWHLPSRUWDRXpPDLVXPGRVPLWRVTXHHQYROYHRYLQKR" 6LPLVVRLPSRUWDPXLWRPDVQmRSDUDWRGRVRVYLQKRV 9DOHULD3LORQ 6RPPHOLqUHH&RRUGHQDGRUDGH(YHQWRV 6DOXW6RPPHOLqUH9DOpULD3LORQ HPDLOVRPPHOLHUBYDOHULD#KRWPDLOFRP

2

YLQKRYDULDPXLWRGHXPDQRSDUDRRXWUR

SDUWHIHPLQLQD0HQRUWD[DGHSROLQL]DomRVLJQLILFDPHQRU

SRUTXHDVFRQGLo}HVFOLPiWLFDVQXQFDVmR

WD[DGHIHUWLOL]DomRHpFODURPHQRVXYDV

LJXDLV ( D LQWHQVLGDGH GH FDORU H tQGLFH

SOXYLRPpWULFR GDV UHJL}HV YLQtFRODV LQIOXHQFLDP

YLGHLUDV SULQFLSDOPHQWH DV PDLV MRYHQV QmR FRQVHJXHP

GLUHWDPHQWHQDSURGXomRGDXYDQDVXDTXDOLGDGHH

UHDOL]DUFRUUHWDPHQWHDIRWRVVtQWHVH$ORQJDH[SRVLomRDR

GRoXUDHFRQVHTXHQWHPHQWHQRSURGXWRILQDOTXHLUi

VRO p QHFHVViULD SDUD D ERD VD~GH GDV YLQKDV GXUDQWH R

UHVXOWDUGDVXDIHUPHQWDomR

SHUtRGR GH FUHVFLPHQWR &DVR FRQWUiULR D FROKHLWD ILFD

6HJXHP DOJXQV H[HPSORV GH RFRUUrQFLDV FOLPiWLFDV H

FODUDPHQWHFRPSURPHWLGD

FRPRHODVDIHWDPXPDVDIUD

88

4XDQGRKiPXLWDXPLGDGHQRLQtFLRGDWHPSRUDGDDV

 1R YHUmR TXDQGR D XYD SUHFLVD GH PXLWR FDORU SDUD

$JHDGDpEHPYLQGDQRLQYHUQRTXDQGRDVSDUUHLUDV

DPDGXUHFHU R H[FHVVR GH FKXYD p XPD GDV FRQGLo}HV

HVWmR KLEHUQDQGR PDV TXDQGR RFRUUH QR LQtFLR GD

FOLPiWLFDVPDLVSUHRFXSDQWHVSRLVDiJXDHPDEXQGkQFLD

SULPDYHUDTXDQGRDIORUDGDHVWiEURWDQGRSRGHPDWDUD

GHL[DDVXYDVFRPPHQRVVDERUSRLVGLPLQXLDFRQFHQWUDomR

IORUDGDQDVSODQWDo}HVGLILFXOWDQGRDSROLQL]DomRRXVHMD

GH FRPSRVWRV QR EDJR $QRV DVVLP JHUDOPHQWH QmR

R WUDQVSRUWH GR SyOHQ GD SDUWH PDVFXOLQD GD IORU SDUD D

SURGX]HPERDVVDIUDVYLQKRV &RQWLQXD


9,1+26

$,03257µ1&,$'$6$)5$'269,1+26 9DOHULD3LORQ 6RPPHOLqUHH&RRUGHQDGRUDGH(YHQWRV6DOXW6RPPHOLqUH9DOpULD3LORQ HPDLOVRPPHOLHUBYDOHULD#KRWPDLOFRP

$VPDLRUHVYDULDo}HVGHVDIUDWHQGHPDDFRQWHFHUQDVUHJL}HVGHFOLPDVPDLVIULRVHFRPPDLRUYDULDomRGHWHPSHUDWXUD 0DVHPSDtVHVPDLVTXHQWHVRSUREOHPDpDJUDQGHLQFLGrQFLDGHFKXYDHDSRXFDDPSOLWXGHWpUPLFD7XGRHPH[FHVVRpUXLP SDUDDXYD$9LWLYLQLFXOWXUDpXPDGDVSRXFDVSODQWDo}HVHPTXHTXDQWRPHQRVFKXYDHPDLVFDORUPHOKRUDTXDOLGDGHGDV IUXWDV

eLPSRUWDQWHUHVVDOWDUTXHDOJXQVSURGXWRUHVHVWmR

1RVDQRVGHH[FHOHQWHVFRQGLo}HVFOLPiWLFDVpTXHR

PDLV EHP HTXLSDGRV RX VmR PDLV H[SHULHQWHV SDUD

7HUURLUDSUHVHQWDVXDH[SUHVVmRPi[LPD1HVWHVDQRV

OLGDU FRP DV PXGDQoDV FOLPiWLFDV GR TXH RXWURV H

TXH jV YH]HV OHYDP  RX DWp  DQRV SDUD VH

ID]HPH[FHOHQWHVYLQKRVPHVPRGLDQWHGHFRQGLo}HV

UHSHWLUHP p TXH RV JUDQGHV YLQKRV VmR SURGX]LGRV

FOLPiWLFDVGHVIDYRUiYHLV1HVWHFDVRYDOHOHPEUDUTXH

(VWDVVDIUDVHVSHFLDLVVmRDVTXHUHDOPHQWHSURGX]HP

SDUD VH SURGX]LU XP YLQKR ILQR GH PHVD R HQyORJR

RVYLQKRVTXHID]HPMXVDRYHOKRGLWDGR´YLQKRTXDQWR

SUHFLVD VHJXLU DV UHJUDV LQWHUQDFLRQDLV H LQWHUIHULU R

PDLVYHOKRPHOKRUµDOJXPDVGHVWDVVDIUDVPHPRUiYHLV

PHQRVSRVVtYHORXFRUUHRULVFRGHRYLQKRSHUGHUD

MiSURGX]LUDPYLQKRVTXHIRUDPDEHUWRVFRPDQRVH

FODVVLILFDomRGHILQRHVHWRUQDUXPVLPSOHVYLQKRGH

TXHDLQGDFRQWLQXDYDPSHUIHLWRV

PHVD2XWURIDWRDVHUUHVVDOWDGRpTXHDVYH]HVXPD

3RUWDQWR FDUR OHLWRU HQyILOR QmR VH SUHRFXSH HP

VDIUD GHVIDYRUiYHO SDUD YLQKRV WLQWRV SRGH VLJQLILFDU

FRPSUDUYLQKRVFRPLGDGHVXSHULRUDDQRVVHDVXD

XPDERDVDIUDSDUDRVYLQKRVEUDQFRVHTXHDQRVPDLV

LQWHQomRpJDVWDUPHQRVGRTXH5QHVWDIDL[D

IULRVSURGX]HPYLQKRVEUDQFRVFRPXPDDFLGH]PDLV

SRGHPRVHQFRQWUDUyWLPRVH[HPSODUHV(WDPEpPQmR

YLYD H LVVR p H[FHOHQWH SDUD D SURGXomR GRV

RV GHL[H SDVVDU GH  DQRV 6H D VXD IDL[D GH

HVSXPDQWHV

LQYHVWLPHQWR p GH DWp 5  SURFXUHV RV PDLV MRYHQVFRPDWpDQRVGDGDWDGHSURGXomR /HPEUDQGRVHPSUH¤6HIRUEHEHUEHEDRTXHpERPHFRPPRGHUDomR

90


1875,d 2

5(72512'$6)e5,$6 80$75$16,d 248(3$5$08,726 e',)º&,/((675(66$17( 3DUDPXLWRVEUDVLOHLURVRPrVGHMDQHLURpXPPrVGHIpULDV(PSOHQRYHUmR VHPSUHVHWHQWDHVFDSDUGDURWLQDFRPDOJXQVGLDVRXVHPDQDVSDUDFXUWLU XPOXJDUGLIHUHQWHFRPDIDPtOLDDPLJRVHQILPSDUDGHVFRQHFWDUXPSRXFR

3RU-XOLDQD0DULQ 1XWULFLRQLVWD)XQFLRQDO MXOLDQDPSY#JPDLOFRP

2

IDWRpTXHQDPDLRULDGDVYH]HVDVSHVVRDV VDHP GH XPD URWLQD WmR HVWUHVVDQWH TXH

IpULDVDURWLQDpGLIHUHQWHDVFRPLGDVVmRGLIHUHQWHV

XVD DV IpULDV FRPR GHVFXOSD SDUD

QmR WHP FRPR VHJXLUPRV D ULVFD QRVVR SDGUmR

XOWUDSDVVDUWRGRVRVOLPLWHVQDDOLPHQWDomR'mRVHDR

DOLPHQWDUTXDQGRHVWDPRVIRUDGHFDVD0DVRTXHQmR

OX[RGHFRPHUHEHEHUGHWXGR3RUTXHFODURHVWmRGH

HQWHQGR p SRUTXH UHODFLRQDU DV IpULDV FRP D WtSLFD

IpULDVRXPHOKRUIpULDVPHUHFLGDV 1RUPDOPHQWH RV UHVRUWV RIHUHFHP SDFRWHV GH

92

&ODURTXHHVFDSDGDVDFRQWHFHPTXDQGRVHHVWiGH

IUDVH´YRXPHDFDEDUµ3RUTXHQHVVHVGLDVWmRPHUHFLGRV WmRHVSHUDGRVSDUDYLDMDURXVLPSOHVPHQWHHVWDUXQVGLDV

FRQVXPROLYUHDtVLP(VTXHFHDGLHWDDUHHGXFDomR

OLYUHVHPFDVDFRPDIDPtOLDVmRRVGLDVHPTXHPHQRVVH

DOLPHQWDU R H[HUFtFLR ItVLFR &RP WDQWD WHQWDomR DV

GHGLFDDVLPHVPR"$DOLPHQWDomRYDLGHXPH[WUHPRD

SHVVRDV DFDEDP ID]HQGR DV SLRUHV HVFROKDV

RXWUR FRQVWDQWHPHQWH GR VDO SDUD R Do~FDU

DOLPHQWDUHVGHVGHRFDIpGDPDQKmDWpDVREUHPHVDH

FRPHoDQGR SHORV HPEXWLGRV iOFRRO HVWLPXODQWHV

GULQNV SyV R MDQWDU 0HVPR TXH DOJXPDV GHODV VH

FDUQHVHLQGRDWpRXWURH[WUHPRFRPPDVVDVGRFHVH

VHQWHPPDOSRUWHUH[DJHUDGRQRiOFRROQRVGRFHVRX

EHELGDV DoXFDUDGDV 6HPSUH VHQGR VHGX]LGRV SHOR

QRV SHWLVFRV QR GLD VHJXLQWH HVTXHFHP WXGR

HIHLWRFRPSHQVDWyULRGRRUJDQLVPR2SLRUpTXDQGRDV

$FRUGDPOHPEUDQGRTXHIpULDVWHPTXHDSURYHLWDUDR

FULDQoDV WDPEpP YmR SHOR PHVPR FDPLQKR H HODV

Pi[LPRHLVVRLQFOXL´HQILDURSpQDMDFDµ

YmR &RQWLQXD


1875,d 2

5(72512'$6)e5,$6 80$75$16,d 248(3$5$08,726e',)º&,/((675(66$17(

3RU-XOLDQD0DULQ 1XWULFLRQLVWD)XQFLRQDO MXOLDQDPSY#JPDLOFRP

)D] WHPSR TXH QmR PH KRVSHGR HP KRWHO FRP UHIHLomRLQFOXtGD$FKRTXHSRULVVRILTXHLWmRFKRFDGD FRP R FRQVXPR GH UHIULJHUDQWH GXUDQWH D UHIHLomR GHVGHFULDQoDVPHQRUHVGHDQRVDWpDGXOWRV&RP FRPLGD HVWLOR VHOI VHUYLFH PDVVDV FRP PROKRV D HVFROKD GR FOLHQWH WtQKDPRV WDPEpP OLYUH DFHVVR D iJXD HP XP JDOmR GH  OLWURV   PiTXLQDV GH UHIULJHUDQWHV FDGDXPDFRPVDERUHV HXPDPiTXLQD GH VXFR LQGXVWULDOL]DGR WDPEpP FRP  VDERUHV GLIHUHQWHV 3DVPHP2JDOmRGHOLWURVSDUDKLGUDWDU SHVVRDVQXQFDDFDEDYD0HVPRSDVVDQGRRGLD WRGRDEDL[RGHXPVROGHÂ&#x17E;&HPSDUTXHVDTXiWLFRV QLQJXpPSHQVDYDHPVHKLGUDWDURXSHORPHQRVKLGUDWDU VHXVILOKRVHQHWRVTXHDOLHVWDYDP

94

(QTXDQWR TXH R JDOmR GH iJXD QXQFD SUHFLVDYD WURFDURUHILOGRUHIULTXHUHQGHOLWURVFDGDERFDHUD WURFDGD SHOR PHQRV  YH]HV GDGR IRUQHFLGR SHOR JHUHQWHGRUHVWDXUDQWH  &RPRYROWDUDRWUDEDOKRRXSDUDDHVFRODGHSRLVGHWDQWRV H[FHVVRV"&RPROLGDUFRPXPFRUSRFDQVDGRGHVQXWULGR GHVLGUDWDGR H YROWDU D HQVLQDU DRV QRVVRV ILOKRV VREUH RV EHQHItFLRVGHXPDDOLPHQWDomRVDXGiYHOGHXPDKLGUDWDomR DGHTXDGDHGDLPSRUWkQFLDGRGHVFDQVRDQRLWHDSyVXPDV IpULDVVHPOLPLWHV" 2FRUSRGHPRUDPHVHVSDUDGHVLQWR[LFDUSDUDYROWDU DR´TXHHUDµ(LVVRVHIL]HUGHPDQHLUDFRUUHWD&DVRR FRQWUiULRHVVDVWR[LQDVVHDFXPXODPVHLQIODPDPGDt DVFRQVHTXrQFLDVTXHYmRGHVGHDXPHQWRGHSHVRPi FLUFXODomR HQ[DTXHFD  SUREOHPDV GLJHVWLYRV FRQVWLSDomR HWF 6HUi TXH YDOH D SHQD WDQWD ¦HPSROJDomR§" 3RUWDQWRVHIpULDVSDUDYRFrpVLQ{QLPRGH´OLEHUDU JHUDOµ´WXGRSRGHQDGDpSURLELGRµHQWmRQmRWHUiRXWUR ILP TXH FRPHoDU R DQR GHVDQLPDGR FRP GRUHV PXVFXODUHV PDLV DQVLRVRV H FRP PXLWD GLILFXOGDGH SDUDFXPSULUFRPVXDVREULJDo}HV 1DV SUy[LPDV TXH YLUmR IDoD GLIHUHQWH $SURYHLWH SDUD FXLGDU PDLV GR FRUSR GD VD~GH Mi TXH PXLWDV YH]HVQmRFRQVHJXLPRVGHYLGRDXPDURWLQDSX[DGD  $SURYHLWHPHOKRUWHPSRFRPDVFULDQoDVQDFR]LQKD SUDWLTXHDOJXPHVSRUWHHRUJDQL]HRVHXUHWRUQRSDUD TXH QmR VHMD WmR SHQRVR 'HVVD IRUPD YDPRV PROGDQGR QRVVD IRUPD GH YLYHU D URWLQD HVWDUHPRV GLIHUHQWHVDFDGDUHWRUQRDRWUDEDOKRFRPHQHUJLDGR FRUSR H GD PHQWH UHQRYDGD FRP DOJR PHOKRU D RIHUHFHU


*$6752120,$

52/,1+26'($%2%5,1+$

5(&+($'26&20)5$1*2(5,&27$ )RQWHPLOODFR]LFRPEU

)DoDXPDUUR]LQWHJUDOEHPJRVWRVRSDUDDFRPSDQKDUHXPDVDODGLQKD6HUYHSHVVRDV3URQWRHP0LQXWRV

,QJUHGLHQWHV

0RGRGHSUHSDUR

DEREULQKDVWLSRLWDOLDQDV $]HLWHH[WUDYLUJHP 6DOURVDDJRVWR JGHULFRWD JGHIUDQJRFR]LGRHWULWXUDGR POGHPROKRGHWRPDWHFDVHLUR JGHRUpJDQR 3DOLWRVGHGHQWH

 &RP DX[tOLR GH XP IDWLDGRU GH OHJXPHV FRUWH DV DEREULQKDV HP IDWLDV EHP ILQDV QR VHQWLGR GR FRPSULPHQWR

8QWHXPDIULJLGHLUDFRPD]HLWHHGRXUHDVIDWLDVGH DEREULQKDGRVGRLVODGRV (PXPUHFLSLHQWHDPDVVHDULFRWDVDOSLTXHVDOURVD FRORTXHXPILRGHD]HLWHRUpJDQRHSRU~OWLPRDGLFLRQH RIUDQJRWULWXUDGR(VWiSURQWRRQRVVRUHFKHLR 6REUHFDGDIDWLDGHDEREULQKDFRORTXHXPSRXFR GRUHFKHLRHHQUROH FRORTXHRSDOLWLQKRGHGHQWHVSDUD VHJXUDU

3UpDTXHoDRIRUPRjJUDXVFRORTXHRVUROLQKRV GHDEREULQKDVHPXPUHIUDWiULRDGLFLRQHXPSRXFRGH PROKRGHWRPDWHHOHYHSDUDJUDWLQDU

96


*$6752120,$

7257$*(/$'$ '(&+2&2/$7(%5$1&2 )RQWHWXGRUHFHLWDVFRP

5HQGLPHQWRSRUo}HVGD7RUWDJHODGDGHFKRFRODWHEUDQFR7HPSRGHSUHSDURPLQXWRV

,QJUHGLHQWHV

*UDPDVGH&KRFRODWHEUDQFR /DWDGH/HLWHFRQGHQVDGR /DWDGH&UHPHGHOHLWH *RWDVGHHVVrQFLDGHEDXQLOKD *UDPDVGHELVFRLWRGH/HLWHHPHO *UDPDVGH0DQWHLJD 8QLGDGHVGH&ODUDGH2YR &ROKHUHVGHVRSDGH$o~FDU

0RGRGHSUHSDUR

3DUDID]HUXPDGHOLFLRVDWRUWDFRPHFHSRUEDWHUR ELVFRLWR GH OHLWH H PHO QR OLTXLGLILFDGRU 4XDQGR YLUDU XPDIDURIDILQDPLVWXUHFRPDPDQWHLJDDWpILFDU~PLGD 8VHDIDURIDSDUDIRUUDUXPDIRUPDGHIXQGRUHPRYtYHOH UHVHUYH

 &RORTXH R FUHPH GH OHLWH HP EDQKRPDULD SDUD DTXHFHU-XQWHROHLWHFRQGHQVDGRHRFKRFRODWHEUDQFR SLFDGR H PH[D WXGR DWp REWHU XP FUHPH XQLIRUPH 5HVHUYHDPLVWXUD

)UDQERHVDV

3DUDGHFRUDU RSFLRQDO

%DWDDVFODUDVHPQHYHHYiMXQWDQGRRDo~FDUDRV SRXFRV4XDQGRILFDUHPILUPHVMXQWHDVOHQWDPHQWHDR FUHPH GH FKRFRODWH FRP D HVVrQFLD GH EDXQLOKD &RORTXHDPLVWXUDVREUHDPDVVDGHELVFRLWRGHOHLWHH PHO H OHYH D WRUWD JHODGD GH FKRFRODWH EUDQFR j JHODGHLUDDWpILFDUILUPH FHUFDGHKRUDV  6H GHVHMDU GHFRUH VXD WRUWD JHODGD GH FKRFRODWH EUDQFRFRPIUDPERHVDVHHVWiSURQWDDVHUYLU

98


*58323(75¾32/,6

,7$,3$9$/$1d$35202d 2 ¦68$+,67¾5,$'(9(5 20(5(&(0Á6,&$§ 3RU&RPXQLFDomR&RUSRUDWLYD*UXSR3HWUySROLV

9HQFHGRUHVYmRSDVVDUILQDOGHVHPDQDQR5LR-DQHLURSDUDDFRPSDQKDUDJUDYDomR GHXPDP~VLFDFDQWDGDSHORFDQWRU*DEULHOR3HQVDGRUDRODGRGH$OLQH5LVFDGR JDURWDSURSDJDQGDGDPDUFD

7

RGR PXQGR WHP DOJXPD +LVWyULD GH 9HUmRSDUDFRQWDU (VWHpRPRWHGD SURPRomR ´6XD +LVWyULD GH 9HUmR 0HUHFH0~VLFDµODQoDGDQHVWHPrVGHMDQHLURSHOD FHUYHMD,WDLSDYDGR*UXSR3HWUySROLV$LQLFLDWLYD SUHPLDUi RV DXWRUHV GDV WUrV PHOKRUHV KLVWyULDV ILQDOLVWDV

100

2SUrPLRLQFOXLWHUDP~VLFDFDQWDGDSRU*DEULHOR 3HQVDGRUFRPGLUHLWRDFXUWLUXPILQDOGHVHPDQD QR 5LR GH -DQHLUR FRP DFRPSDQKDQWH SDUD DVVLVWLU D JUDYDomR GR FDQWRU DR ODGR GH $OLQH 5LVFDGRJDURWDSURSDJDQGDGDPDUFD


3DUD SDUWLFLSDU GD SURPRomR ´6XD +LVWyULD GH 9HUmR0HUHFH0~VLFDµpVLPSOHVEDVWDHQYLDUXPD KLVWyULD GH 9HUmR QD IRUPD GH IRWR FRP OHJHQGD YtGHR RX WH[WR  FRP D KDVKWDJ +LVWyULD'H9HUmR QDVUHGHVVRFLDLV ,QVWDJUDP)DFHERRNH7ZLWWHU  RXSHORVLWH ZZZFHUYHMDLWDLSDYDFRPEUPHUHFHPXVLFD DWp R GLDGH0DUoR

2V DXWRUHV GDV  VHOHFLRQDGDV SHOR M~UL FRPSRVWR SRU XPD EDQFD MXOJDGRUD H SURILVVLRQDLVGR *UXSR3HWUySROLVHGDDJrQFLD < 5  VHUmR SUHPLDGRV FRP NLW 9HUmR ,WDLSDYD WRDOKDFRROHUJXDUGDVROHGRFNVWDWLRQ  'HQWUH HVWDV RV DXWRUHV GDV WUrV PHOKRUHV DLQGD WHUmR XPD H[SHULrQFLD GH PDUFD ~QLFD DFRPSDQKDUVXDVKLVWyULDV´YLUDQGRµXPDP~VLFD HPJUDYDomRGRFDQWRU *DEULHOR3HQVDGRUDR ODGRGH$OLQH5LVFDGR DOpPGHFXUWLUXPILQDOGH VHPDQDQR5LRGH-DQHLURFRPDFRPSDQKDQWHH JDQKDUXPDFDPLVHWDSHUVRQDOL]DGD

101


02726

02726

3$5$$&(/(5$5(0 (VSHFLDO¤/$1d$0(1726'(7H[WR$UWKXU&DOGHLUD$JrQFLD,1)20272)RWRV'LYXOJDomR

&RQKHoDRVODQoDPHQWRVPXQGLDLVTXHYmRGHVHPEDUFDUQR%UDVLODRORQJRGHVWHDQR

&

RPHoDPRV  FRP DV HVSHUDQoDV UHQRYDGDVGHTXHHVWHDQRVHMDPHOKRUGR TXH R SDVVDGR 7RUFHPRV SDUD TXH D HFRQRPLDEUDVLOHLUDVHUHFXSHUHDVYHQGDV GH PRWRV YROWHP D FUHVFHU H WHQKDPRV GLYHUVDV QRYLGDGHVSDUDDFHOHUDUQRVSUy[LPRVPHVHV3HOR

+DUOH\'DYLGVRQ&926WUHHW*OLGH

<DPDKD7UDFHU

ª+DUOH\'DYLGVRQ&926WUHHW*OLGH$EDJJHU FXVWRPL]DGD GH IiEULFD DSDUHFH HP SULPHLUR SRU XP VLPSOHV PRWLYR D UHQRYDGD OLQKD 7RXULQJ GD PDUFD DPHULFDQDMiHVWiQDVORMDV$SULQFLSDOQRYLGDGHpR QRYR PRWRU 0LOZDXNHH(LJKW TXH WHP PHOKRU GHVHPSHQKR H PHQRV YLEUDomR 0DV D &92 6WUHHW *OLGHDLQGDWUD]XPDYHUVmR´HQYHQHQDGDµGRQRYR9 FRP NLW 6FUHDPLQ  (DJOH H PDLRU FDSDFLGDGH  SROHJDGDV F~ELFDV RX  FPó $OpP GR QRYR FRQMXQWRGHVXVSHQV}HVpFODUR&RPSLQWXUDHVSHFLDO ´'DUN 6ODWH &DQG\$UFWLF %ODFNµ D &92 6WUHHW *OLGH DLQGDWUD]GHWDOKHVH[FOXVLYRVHXPFRPSOHWRVLVWHPD GH´LQIRWDLQPHQWµFRPWHODVHQVtYHODRWRTXHHVRPGH :2SUHoRWDPEpPpH[FOXVLYR5 ª <DPDKD 7UDFHU  6HJXLQGR SUDWLFDPHQWH D PHVPD UHFHLWD GD 07 7UDFHU D YHUVmR GH FF EDVHLDVH QD QDNHG 07 SRUpP DJUHJD PDLV YHUVDWLOLGDGHDRHPSROJDQWHPRWRUELFLOtQGULFRGHFY 3DUD LVVR D <DPDKD DGRWRX WDQTXH PDLRU  OLWURV  EDQFR PDLV FRQIRUWiYHO FDUHQDJHP GLDQWHLUD H XPD EDODQoDPDLVORQJDSDUDJDUDQWLUFRQIRUWRHDXWRQRPLD SDUDORQJDVYLDJHQV&RPRD07WHPIHLWRVXFHVVR 102

PHQRVDOLVWDGHODQoDPHQWRVSDUDMiQRVGHL[RX RWLPLVWDV +i GHVGH HVWLORVDV FOiVVLFDV PRGHUQDV SDVVDQGR SRU DYHQWXUHLUDV PDLV DFHVVtYHLV H DWp VXSHUHVSRUWLYDV FRPSOHWDPHQWH UHQRYDGDV (VFROKHPRVVHWHPRGHORVTXHFHUWDPHQWHLUmRHVWUHDU QDVUXDVEUDVLOHLUDVDRORQJRGHVWHDQR&RQILUD

.DZDVDNL=

SRU DTXL D IiEULFD MDSRQHVD WDPEpP GHYHUi WUD]HU D 7UDFHU  SDUD R %UDVLO /DQoDGD HP DEULO GR DQR SDVVDGRQD(XURSDRQRYRPRGHORGHYHFKHJDUFRPR XPDERDRSomRGHDYHQWXUHLUDHVSRUWLYDQDIDL[DHQWUH 5H ª.DZDVDNL=6XFHVVRUDGDDGRUDGD=TXH YDLVDLUGHOLQKDDQRYDQDNHGTXDWURFLOLQGURVGDIiEULFD GH$NDVKLWDPEpPGHYHUiFKHJDUHPQRVVRPHUFDGR DLQGDQRSULPHLURVHPHVWUH²VHJXLQGRDHVWUDWpJLDGD PDUFDGHWUD]HUVHXVPDLVUHFHQWHVODQoDPHQWRVSDUDR QRVVRPHUFDGR&RPXPPRWRUGHFPóEDVHDGR QRGD=DQRYD=YDLRIHUHFHUFYDPDLV GRTXHD=0DVDJUDQGHQRYLGDGHPHVPRpRQRYR FKDVVL HP WUHOLoD TXH VXEVWLWXL R DQWLJR H SHVDGR  TXDGUR GH GXSOD WUDYH IHLWR HP DoR $V VXVSHQV}HV WDPEpPIRUDPDSULPRUDGDVQDQRYDQDNHGFRPJDUIR WHOHVFySLFRLQYHUWLGRFRPWXERVGHPPQDGLDQWHLUDH QRYR PRQRDPRUWHFHGRU WUDVHLUR ² DPERV FRP UHJXODJHP$LQGDQmRKiSUHoRGHILQLGRQR%UDVLOPDV QRV(VWDGRV8QLGRVD.DZDVDNLDQXQFLRXD=SRU XPYDORUEHPSUy[LPRGDDSRVHQWDGDQDNHGGHFF

&RQWLQXD


02726

027263$5$$&(/(5$5(0 (VSHFLDO¤/$1d$0(1726'(7H[WR$UWKXU&DOGHLUD$JrQFLD,1)20272)RWRV'LYXOJDomR

7ULXPSK%RQQHYLOOH%REEHU

%0:65

ª7ULXPSK%RQQHYLOOH%REEHU&KHLDGHHVWLORHFRP YLVXDOGHPRWRFXVWRPL]DGD²PDVVHPDGRUGHFDEHoD GHFXVWRPL]DUXPDPRWR²D7ULXPSKMiFRQILUPRXTXHD %RQQHYLOOH%REEHUFKHJDjVORMDVHPPDLR,QVSLUDGD QDV DQWLJDV EREEHUV GD GpFDGD GH  D ´%REEHUµ LQJOHVD VHJXH ILHO DR HVWLOR SDUDODPDV FRUWDGRV WUDVHLUD PLQLPDOLVWD H EDQFR VROR (TXLSDGR FRP XP PRWRUELFLOtQGULFRGHFFHUHIULJHUDomROtTXLGDTXH RIHUHFH WRUTXH GH VREUD H DUUDQFDGDV YLJRURVDV 'LIHUHQWHPHQWH GDV RXWUDV %RQQHYLOOH D %REEHU WHP WUDVHLUD PRQRDPRUWHFLGD $SHVDU GR YLVXDO DQWLJR D WHFQRORJLDHPEDUFDGDFRQWDFRPPRGRVGHSLORWDJHP FRQWUROHGHWUDomRHIUHLRV$%6GHVpULH2SUHoRDLQGD QmRIRLDQXQFLDGR ª%0:650DLVTXHXPDYHUVmRQDNHGGDVXD LUPmVXSHUHVSRUWLYDD65SDVVRXSRUXPIDFHOLIW SDUDQRTXDODVDOHWDVODWHUDLVILFDUDPPHQRUHV 0DV R TXH LPSRUWD PHVPR p TXH D IiEULFD DOHPm DSOLFRX XPD UHFHLWD LQIDOtYHO SDUD DSULPRUDU R GHVHPSHQKRGDPRWRPHQRVSHVRHPDLVSRWrQFLD$ 65ILFRXNJPDLVHVHXPRWRUGHTXDWUR FLOLQGURVHPOLQKDSURGX]DJRUDFYFRQWUDRVGD YHUVmR DQWHULRU 2XWUD QRYLGDGH TXH YLVD DPSOLDU R FRQIRUWRpRQRYRVLVWHPDGHIL[DomRGRJXLGmRTXHGH DFRUGRFRPD%0:UHGX]LXDVYLEUDo}HVWUDQVPLWLGDV DRSLORWR&RPRVHWUDWDGHXPDGDVVWUHHWILJKWHUV²DV QDNHGV GHULYDGDV GH HVSRUWLYDV  PDLV GLYHUWLGDV GR PHUFDGR DJXDUGDPRV DQVLRVDPHQWH SDUD DFHOHUDU HVVDQRYD65 ª'XFDWL0XOWLVWUDGD&RPDSURSRVWDGHVHUPDLV DFHVVtYHO H IiFLO GH SLORWDU GR TXH VXD LUPm PDLRU GH FFDQRYD'XFDWL0XOWLVWUDGDIRLDSUHVHQWDGD QR6DOmRGH0LOmRHPQRYHPEURGRDQRSDVVDGR H Mi HVWi FRQILUPDGD SDUD R %UDVLO (TXLSDGD FRP R PRWRU7HVWDVWUHWWDGHGRLVFLOLQGURVHP´/µFRPFPó D QRYD 076  SURGX] ERQV  FY GH SRWrQFLD Pi[LPD²HDPRWRYHPFRPFRQWUROHGHWUDomRPRGRV 104

'XFDWL0XOWLVWUDGD

GHSLORWDJHPHIUHLRV$%6SDUDWRUQDUDFRQGXomRDLQGD PDLV ´FRQWUROiYHOµ 2XWURV DWUDWLYRV VmR VHX DVVHQWR PDLVEDL[RHDURGDGLDQWHLUDGHSROHJDGDV0DVD PHOKRUQRWtFLDpTXHDQRYD0XOWLVWUDGDGHYHUiVHU PDLVHPFRQWDGRTXHRPRGHORGHFF6HJXQGRD 'XFDWLGR%UDVLORPRGHORGHYHUiFKHJDUDR%UDVLOQR VHJXQGRVHPHVWUHGHFRPSUHoRHQWUH5 H5 ª +RQGD &%5 55 $SHVDU GH PXLWRV WHUHP WRUFLGRRQDUL]SDUDDQRYD)LUHEODGHDILUPDQGRTXHD +RQGDQmRSRXFRPXGRXHPVXDHVSRUWLYDGHOLWURD IiEULFDDILUPDTXHGRVFRPSRQHQWHVGDPRWRVmR QRYRV 7HPRV TXH FRQFRUGDU TXH R TXDGUR VH DVVHPHOKDEDVWDQWHDRDQWHULRUSRUpPRSHVRGDPRWR IRLUHGX]LGRHPNJ NJHPRUGHPGHPDUFKD (D SRWrQFLD DXPHQWRX HP  FY DJRUD VmR  FY GH SRWrQFLDPi[LPDDUSP(FODURTXHD+RQGD WDPEpPDEXVRXGDHOHWU{QLFDSDUDDMXGDUQRVHXOHPD GH´FRQWUROHWRWDOµD&%555WUD]VHQVRUGH PHGLomRLQHUFLDOTXHDMXGDRQRYRFRQWUROHGHWUDomRH RVIUHLRV$%6DDWXDUHPFRPPDLVHILFiFLD0RGRVGH SLORWDJHPWDPEpPHVWmRGLVSRQtYHLVQDQRYD)LUHEODGH +iDOJXPWHPSRGHIDVDGDHPUHODomRjVFRQFRUUHQWHV GRVHJPHQWRDQRYD&%555FRORFDD+RQGDGH YROWDjGLVSXWDGDVVXSHUHVSRUWLYDV0DVLVVRDSHQDV QR VHJXQGR VHPHVWUH R PRGHOR GHYH VHU ODQoDGR DSHQDV QR 6DOmR 'XDV 5RGDV TXH DFRQWHFHUi HP QRYHPEURGHVWHDQRHP6mR3DXOR 63 

+RQGD&%555


105


6$Á'((035(6$5,$/

232'(5

'23(16$0(172326,7,92 &DUROHLWRUGHSRLVGHDOJXQVPHVHVVHPHVFUHYHUSDUDHVWDFRQFHLWXDGDUHYLVWD YROWRFRPDHQHUJLDUHQRYDGDHFRPDFHUWH]DTXHFDGDXPGHQyVVHUi FDSD]GHHQIUHQWDUHYHQFHURVGHVDILRVTXHQRVHVSHUDPHP .DUHQ)UDQNHQEHUJHU &RQVXOWRULD (PSUHVDULDO NDUHQ#NNDPDVDFRPEU

$

106

tPXLWRVVHSHUJXQWDP´4XH GLIHUHQoD (8

1RVVRVSDGU}HVFRPSRUWDPHQWDLVVmRLQVWDODGRVHP

SRVVRID]HUVHDVFLUFXQVWkQFLDVH[WHUQDVHP

QyV DWUDYpV GDV SHVVRDV TXH QRV HGXFDUDP H SHOR

YROWDGHPLPQmRPHOKRUDP"µ$UHVSRVWDp

DPELHQWHQRTXDOIRPRVFULDGRV1RGHFRUUHUGHQRVVDV

VLPSOHV PXGH VHX SHQVDPHQWR SHQVH SRVLWLYR 2

YLGDVHVWHVSDGU}HVFRPSRUWDPHQWDLVSRGHUmRVRIUHU

SHQVDPHQWR SRVLWLYR JHUD XP DPELHQWH SRVLWLYR H

DOWHUDo}HVSRGHQGRLQFOXVLYHVHUHPLQWHQVLILFDGRV6H

LQIOXHQFLDGHIRUPDSRVLWLYDDVSHVVRDVFRPDVTXDLV

DOJXpP FUHVFHX HP XP DPELHQWH OHYH DOHJUH FRP

YRFrFRQYLYH

PXLWDVOLEHUGDGHVHSRXFDVUHVWULo}HVSURYDYHOPHQWH


HVWDFULDQoDVHWRUQDUiXPDGXOWRDOHJUHDEHUWRFULDWLYR HFRPFRUDJHPGHHQIUHQWDUGHVDILRV 8PDFULDQoDTXHFUHVFHXHPXPDPELHQWHDGYHUVR FRPPXLWDULJLGH]HUHJXODPHQWDo}HVSURYDYHOPHQWHVH WRUQDUiXPDGXOWRPDLVLQWURYHUWLGRFRPGLILFXOGDGHVQD WRPDGDGHGHFLV}HVHUHFHLRVSDUDHQFDUDUGHVDILRV 1RVVRVFRPSRUWDPHQWRVHVWmRLQVWDODGRVHPQRVVR LQFRQVFLHQWH HQTXDQWR TXH R QRVVR SHQVDPHQWR SURFHVVDPRVDWUDYpVGRFRQVFLHQWH/RJRSRGHUHPRV FKHJDUjVHJXLQWHFRQFOXVmR´6HHXGLUHFLRQDUGHIRUPD FRQVFLHQWHPHXSHQVDPHQWRSDUDRSRVLWLYRHOHSRGHUiVH WRUQDUWmRIRUWHTXHLQIOXHQFLDUiPHXFRPSRUWDPHQWRHGH RXWURVµ ,VWR SRGH HP SULPHLUR PRPHQWR OKH SDUHFHU DEVXUGRPDVFRQWLQXDUHPRVQHVWDOLQKDGHUDFLRFtQLR H[HPSOLILFDQGRDVHJXLQWHVLWXDomR9RFrWHYHXPGLD GLItFLOSDUHFHTXHQDGDHVWiGDQGRFHUWR/RJRYRFrVH VHQWH SHVDGR WULVWH VXD ILVLRQRPLD VH IHFKD H YRFr DQGDPHLRFXUYDGRVHPHQHUJLD $JRUDWHQWHVHOHPEUDUGHXPDVLWXDomRQDTXDOYRFr VXSHURX FRP EUDYXUD XP SUREOHPD RX XPD VLWXDomR FUtWLFD7HQWHUHSDVVDUHVWDOHPEUDQoDFRPRXPILOPH

SUHIHUrQFLDYiULDVYH]HVDRGLDGL]HQGRSDUDVLPHVPR

UHFRUGDQGRGHWRGDVDVLPDJHQVSRVVtYHLVVRQVHDV

TXHYRFrDOFDQoDUiVHXREMHWLYRSRUTXHYRFrRTXHU

VHQVDo}HV VHQWLGDV QDTXHOH PRPHQWR GH JOyULD

$VVLPYRFrHVWDUiJHUDQGRHQHUJLDSRVLWLYDGHIRUPD

&HUWDPHQWH DR VH ROKDU QR HVSHOKR YRFr SHUFHEHUi

LQFRQVFLHQWH VHX FRPSRUWDPHQWR DRV SRXFRV LUi

FRPRVHXVHPEODQWHPHOKRUDVHXVRPEURVVHHUJXHP

PXGDU H DV SHVVRDV DR VHX UHGRU DXWRPDWLFDPHQWH

HXPDUWHVDWLVIDomRWRPDFRQWDGHYRFr

WDPEpP GH IRUPD LQFRQVFLHQWH PXGDUmR VHX

(VWH H[HUFtFLR DFLPD GHVFULWR p XPD WpFQLFD PXLWR VLPSOHVGH3URJUDPDomR1HXUROLQJXtVWLFD 31/ RQGH

FRPSRUWDPHQWRID]HQGRFRPTXHVXDHQHUJLDSRVLWLYD VHPXOWLSOLTXH

DWUDYpV GR SHQVDPHQWR TXH p FRQVFLHQWH SRGHPRV

&RQVFLHQWL]HVH TXH PXGDQoDV VRPHQWH

LQIOXHQFLDUQRVVRFRPSRUWDPHQWRTXHpLQFRQVFLHQWH

DFRQWHFHUmRHPVXDYLGDVHYRFrGHURSULPHLURSDVVR

'HYHPRV XWLOL]DU HVWD WpFQLFD VHPSUH TXDQGR

PXGDQGR VHX SHQVDPHQWR /HPEUHVH TXH RXWUDV

TXHUHPRVLQVWDODUHPQyVXPSHQVDPHQWRSRVLWLYR(

SHVVRDVSRGHUmRHVWDUSDVVDQGRSRUPDLVGLILFXOGDGHV

DJRUDSHQVHHPDOJRTXHJRVWDULDPXLWRGHDOFDQoDU

TXH YRFr 3RU LVVR SHQVH SRVLWLYR SDUD HQIUHQWDU RV

)DoD HVWH H[HUFtFLR SRU SHOR PHQRV WULQWD GLDV GH

GHVDILRVTXHOKHHVSHUDPHP

107 93


9,'$$1,0$/

&202&5,$580.,7'( 35,0(,52662&255263$5$3(76 )RQWH3HWDQMR

9RFrMiWHPXPNLWGHSULPHLURVVRFRUURVSDUDDQLPDLVGHHVWLPDomRFHUWR"$LQGDQmR"(QWmR YDPRVWHDMXGDUDPRQWDUXPNLWGHSULPHLURVVRFRUURVSDUDSHWVFRPLWHQVTXHYRFrMiWHPQR DUPiULRGHUHPpGLRVRXGHVSHQVD1yVHVWDPRVWUD]HQGRSDUDYRFrRJXLDHVVHQFLDOSDUDXPNLWGH SULPHLURVVRFRUURVSHUIHLWRSDUDVHXFmR

'LFD0DQWHQKDXPNLWHPFDVDHRXWURQRFDUUR

'

HVVD IRUPD YRFr HVWDUi SUHSDUDGR HP

DFRQWHFHU TXDQGR YRFr PHQRV HVSHUD PHVPR QD

FDVRGHXPDOHVmRQRSDUTXHRXVHRVHX

VHJXUDQoDGHVXDSUySULDFDVD(VSHUDPRVUHDOPHQWH

FmRHQJROHDOJRHVWUDQKRHQTXDQWRYRFr

TXHYRFrQXQFDSUHFLVHGLVWRPDVXPNLWGHSULPHLURV

HVWD IRUD HP XPD FDPLQKDGD $FLGHQWHV SRGHP

108

VRFRUURVLUiDMXGDUDPDQWHUVHXFmRVDXGiYHOHVHJXUR


&KHFNOLVWGR.LW&DQLQRGHSULPHLURVVRFRUURV

,QIRUPDomRpSRGHU

,WHQVSDUD&XUDWLYR

2 Q~PHUR GH WHOHIRQH GR VHX YHWHULQiULR H R Q~PHUR GR

*D]H

YHWHULQiULRSDUDHPHUJrQFLDVKRUDVPDLVSUy[LPR

7HVRXUDVHPSRQWD

8PJXLDGHSULPHLURVVRFRUURV

3LQoDVSDUDDUHPRomRGHIHUU}HVGHDEHOKDV

+LVWyULFR GH YDFLQDomR FDUWHLUD GH YDFLQDomR  GR VHX

%RODVGHDOJRGmRHFRWRQHWHV

DQLPDOGHHVWLPDomR

8PDODQWHUQD

8PDIRWRUHFHQWH QRFDVRGRVHXDQLPDOGHHVWLPDomRVH

&RUWDGRUGHXQKDV

SHUGHU

3RPDGDDQWLELyWLFD

,WHQVH[WUDV &ROHLUD &DL[DSDUDWUDQVSRUWHGRVHXSHW

$KHR3(7,6&24XDOTXHUFRLVDTXHPRWLYHRVHXFmRHPSDUWLFXODUpERPpFODURWHQKDFHUWH]DTXHQmRVHMDQDGD SHUHFtYHOSDUDJDUDQWLUTXHGXUHPDLVHPDPELHQWHVH[WHUQRV 4XHLMRQmRYDLURODUDTXL 

109 93


),71(66

92/7$1'2Â&#x;)250$ 123¾6)(67$6

-XOLDQ3LFFLQLQR)HUUDUD (GXFDGRU)tVLFR&UHI¤*63 3yV*UDGXDGR3HUVRQDO7UDLQHU &RQVXOWRULD2QOLQHMXOLDQIHUUDUD#KRWPDLOFRP ,QVWDJUDQ#MXOLDQIHUUDUD

)pULDVGHYHUmRVHHQFHUUDQGRHRTXHPDLVRXYLPRV pDTXHOH¦DUUHSHQGLPHQWR§GHWHUH[WUDSRODGRQRVDOLPHQWRVQmRVDXGiYHLV DOpPGDURWLQDGHWUHLQDPHQWRTXHIRLGHL[DGDGHODGR

2

EYLDPHQWHTXHRFRUUHWRVHULDWHUPDQWLGRD

'XDVUHVSRVWDVXPDUXLPHXPDERD$UXLPpTXH

GLHWD HTXLOLEUDGD H WHU UHDOL]DGR DOJXQV

QmRH[LVWHPLODJUHYDLWHUTXHVHHVIRUoDUHP´GREURµ$

WUHLQRV FDPLQKDGDV SHGDODGDV RX

ERDpTXHQmRYDLSUHFLVDUGHKRUDVGHDFDGHPLDSRU

TXDOTXHUDWLYLGDGHItVLFDSRVVtYHO0DVGHILQLWLYDPHQWH

GLD DOpP GDTXHODV GLHWDV GH SDVVDU IRPH FRP 

QmRpRTXHDFRQWHFH

FDORULDVSRUGLD

(QWmR R TXH SRGH VHU IHLWR SDUD PD[LPL]DU RV

(PSULPHLUROXJDURLGHDOpUHWRPDUjGLHWDVDXGiYHO

UHVXOWDGRVGLPLQXLUDVSHUGDVHQRVOLYUDUGRVTXLORVH

GLIHUHQWH GH GHL[DU GH FRPHU  8PD FRQVXOWD FRP

JRUGXUDVH[WUDV"

QXWULFLRQLVWDVHULDGHHQRUPHDMXGD6HPG~YLGDHVVH SURILVVLRQDO VHUi FUXFLDO SDUD REWHUPRV JUDQGHV UHVXOWDGRV QRV WUHLQRV SULQFLSDOPHQWH TXDQGR R

110


DVVXQWRpSHUGDGHSHVRHJRUGXUDFRUSyUHD4XHPMi

GLD SDUD GHVFDQVR WRWDO 0~VFXORV WHQG}HV

WHPXPQXWULVDEHGDLPSRUWkQFLDHTXHPQmRWHPYDL

DUWLFXODo}HV H RXWUDV HVWUXWXUDV FRUSRUDLV DJUDGHFHP

VH VXUSUHHQGHU FRPR R FRUSR UHVSRQGH j XPD ERD

HVVDSDUDGDGHXPGLD&RQYHUVHFRPVHX3URIHVVRURX

GLHWD1mRWHQKDUHFHLRGHQmRFRQVHJXLUVHJXLUXPD

3HUVRQDO7UDLQHURUJDQL]HHVLJDRVWUHLQRV

GLHWD KRMH HP GLD H[LVWH XP ´OHTXHµ HQRUPH GH

$LQGD Gi SDUD PHOKRUDU D HVWUDWpJLD 8P SRQWR

HVWUDWpJLDV QXWULFLRQDLV H FRP FHUWH]D YDL VH DGDSWDU

LPSRUWDQWHHTXHPXLWDVYH]HVpGHL[DGRGHODGRpR

IDFLOPHQWHHPXPDGHODV'HSRLVGLVVRGDPRVDWHQomR

GHVFDQVR QRWXUQR &RQVHJXLU XPD QRLWH GH VRQR GH

DRV PRGHORV GH WUHLQR $t WDPEpP p DOJR LQGLYLGXDO

DSUR[LPDGDPHQWHRXKRUDVEHPGRUPLGDVDMXGDUiD

YDULD PXLWR R WLSR GH WUHLQR SDUD FDGD LQGLYtGXR 8P

UHJXODU GLYHUVDV TXHVW}HV KRUPRQDLV H UHFXSHUDomR

H[HPSORVHULDPHVFODUWUHLQDPHQWRGHPXVFXODomRFRP

PXVFXODU IDWRUHV TXH GDUmR XP DQLPR HQRUPH SDUD

DHUyELFR&DVRWHQKDXPDKRUDHPHLDGLVSRQtYHLVSRU

VHJXLU QD URWLQD SHVDGD GH WUDEDOKR H WUHLQRV TXH D

GLD SDUD GHGLFDUVH DR WUHLQDPHQWR SRGHULD GLYLGLU R

VHPDQDH[LJH

WUHLQDPHQWR HP  PLQXWRV GH PXVFXODomR  

5HVXPLQGR H[HUFtFLR ItVLFR UHJXODU  DOLPHQWDomR

PLQXWRVGHWUDEDOKRDHUyELFR6HHVWiOLPLWDGRFRPR

VDXGiYHO  GHVFDQVR (VVH VHULD XP WULSp IDYRUiYHO SDUD

WHPSR SRGH DOWHUQDU GLDV GD VHPDQD HP  GH

YROWDUDIRUPDItVLFDHWHUXPLQtFLRGHDQRH[WUHPDPHQWH

PXVFXODomRHGHDHUyELFROHPEUDQGRGHFRORFDUXP

SRVLWLYR

111 93


0(,2$0%,(17(

:$7(5*(1

80$129$)250$'(/,'$5&20 $(6&$66(='(·*8$12081'2 )RQWH(F\FOH

&RPRVSUREOHPDVGHPXGDQoDVFOLPiWLFDVDFRQWHFHQGRHPWRGRRPXQGRHRVGHVDILRV HQIUHQWDGRVSRUFRQWDGLVVRHPSUHVDFRQVHJXHWLUDUiJXDDWpGRDU

$

IDOWDGHiJXDSRWiYHOSDUDFRQVXPRpXP

XPLGDGHGRDU´6LPSOLILFDQGR>QRVVDWHFQRORJLD@XWLOL]DR

GRV PDLRUHV SUREOHPDV VRFLDLV TXH D

PHVPR SURFHVVR TXH XP GHVXPLGLILFDGRU PDV HP YH] GH

VRFLHGDGHHQIUHQWDDLQGDKRMH2Q~PHUR

GH SHVVRDV TXH PRUUHP SRU FRQVXPLUHP iJXD

112

DSHQDVFDSWXUDUWDPEpPOLPSDDXPLGDGHµGL]R&(2GD :DWHU*HQ$U\H.RKDYL

FRQWDPLQDGD p DEVXUGR 3HQVDQGR QR TXH SRGHULDP

$:DWHU*HQQmRpDSULPHLUDHPSUHVDDIDEULFDUXP

ID]HUSDUDPXGDUHVVHFHQiULRDHPSUHVDLVUDHOHQVH

GLVSRVLWLYRFRPHVVDIXQomRPDVVHJXQGRDHTXLSH

:DWHU*HQGHXXPMHLWRGHOLWHUDOPHQWHWLUDUiJXDGRDU

VXD PiTXLQD FRQKHFLGD FRPR JHUDGRU GH iJXD

$ FRPSDQKLD FULRX GLVSRVLWLYRV TXH H[WUDHP H

DWPRVIpULFRWHPPXLWRPDLVSRWrQFLDGRTXHTXDOTXHU

DUPD]HQDP iJXD SRWiYHO SHOD FRQGHQVDomR GD

RXWURGLVSRVLWLYRGLVSRQtYHOQRPHUFDGR


(P UHODomR DR FXVWR FRP RV SUHoRV DWXDLV GH HQHUJLDDHVWLPDWLYDpGHTXHFDGDOLWURVGHiJXD SURGX]LGD FXVWDULD FHUFD GH GH] GyODUHV 2V GLVSRVLWLYRV TXH D HPSUHVD GLVSRQLELOL]D H[LVWHP HP WUrV WDPDQKRV LQGXVWULDO PpGLR H XP WDPDQKR

$ FRPSDQKLD HVWi QHJRFLDQGR FRP JRYHUQRV GH

HVSHFtILFRSDUDFDVDVHHVFULWyULRV&DGDPiTXLQDYHP

SDtVHVFRPR(VWDGRV8QLGRVÃ&#x152;QGLD&KLQD0p[LFRHDWp

HTXLSDGD FRP XP VLVWHPD GH IROKDV GH SOiVWLFR TXH

%UDVLO(VWmRDWXDOPHQWHID]HQGRWHVWHVGHFDPSRHP

HVIULDRDUHFROHWDTXDOTXHUFRQGHQVDomRVXEVHTXHQWH

0XPEDLQDÃ&#x152;QGLDHHP;DQJDLQD&KLQD$:DWHU*HQ

$iJXDFROHWDGDSDVVDSRUXPILOWURSDUDWLUDUTXDOTXHU

WDPEpP DILUPRX TXH HVWi LQYHVWLQGR HP LQG~VWULDV

TXtPLFR RX PLFURRUJDQLVPR 2 PHQRU GLVSRVLWLYR

PDQXIDWXUHLUDV SDUD SURGX]LU DV PiTXLQDV HP ODUJD

UHQGH  OLWURV SRU GLD HQTXDQWR R PDLRU SRGH

HVFDODHFRPHUFLDOL]iODV

SURGX]LU DWp  OLWURV GLiULRV $ :DWHU*HQ FRPHoRX VHXQHJyFLRGLVSRQLELOL]DQGRVHXVDSDUHOKRVSDUDRV

$HPSUHVDHVWLPDTXHRSURGXWRSRGHUiFRPHoDUDVHU FRPHUFLDOL]DGRHP

H[pUFLWRV LVUDHOHQVH IUDQFrV H HVWDGXQLGHQVH PDV D HPSUHVDDILUPDTXHDWXDOPHQWHRIRFRpSURGX]LUSDUD FRPXQLGDGHVHPSDtVHVTXHHQIUHQWDPFULVHVKtGULFDV

113 93


36,&2/2*,$

9$026)$/$562%5(

36,&26620·7,&$ 3VLFRVVRPiWLFDpXPFRQFHLWRIRUPDGRSHODMXQomRGHGXDVSDODYUDV GHRULJHPJUHJDSVLTXH DOPD HVRPD FRUSR  3RU&LQWLD%HUWROXFFL 3VLFyORJD FLEHUWROXFFL#JPDLOFRP

3

VLTXHSRGHVHUWUDGX]LGRFRPRWXGRDTXLOR

HOHFRPR´PHQWDOL]Do}HVµ$VPHQWDOL]Do}HVVHGmRSHOD

TXHID]SDUWHGRQRVVRXQLYHUVRVXEMHWLYR

IDQWDVLDVRQKRVFULDWLYLGDGHUHFXUVRVPHWDIyULFRVGD

VHQWLPHQWRV SHQVDPHQWRV VHQVDo}HV

OLQJXDJHP VLPEROL]Do}HV HpDWUDYpVGHVVDIXQomRTXH

HPRo}HV RX VHMD WRGRV DTXHOHV FRQWH~GRV TXH

R DSDUHOKR SVtTXLFR ID] D UHJXODomR GDV HQHUJLDV

FODVVLILFDPRVFRPRVHQGRSVLFROyJLFRV6RPDVHULDR

LQVWLQWLYDVSXOVLRQDLVOLELGLQDLVHDJUHVVLYDVHGHVVD

WHUPR TXH UHSUHVHQWD RV DVSHFWRV ItVLFRV H REMHWLYRV  IRUPD D UHJXODomR GR HTXLOtEULR SVLFRVVRPiWLFR TXHVHORFDOL]DPQRFRUSR3RUWDQWRSVLFRVVRPiWLFDp

3HVVRDVTXHDSUHVHQWDPXPDIDOKDQDVLPEROL]DomR

XPD FLrQFLD TXH HVWXGD D LQIOXrQFLD GRV DVSHFWRV

WHQGHPDUHDJLUDRVFRQIOLWRVDWUDYpVGHPDQLIHVWDo}HV

SVLFROyJLFRVHPUHODomRDRDGRHFLPHQWRItVLFR

VRPiWLFDV VmR PXLWDV YH]HV VXSHUDGDSWDGDV D VXD UHDOLGDGH H WHQGHP D DomR DR LQYpV GH HODERUDU

114

$V GRHQoDV SVLFRVVRPiWLFDV VmR DTXHODV TXH WHP

SVLTXLFDPHQWH VHXV FRQIOLWRV 0XLWDV YH]HV HVVDV

VXDRULJHPHPDVSHFWRVSVLFROyJLFRVPDOHODERUDGRV

SHVVRDVSURFXUDPRPpGLFRGHVFRQKHFHQGRFRPSOH

RXPDOUHVROYLGRVPHQWDOPHQWHHTXHSRUHVVHPRWLYR

WDPHQWH RXWURV VRIULPHQWRV TXH QmR RV FRUSRUDLV

DFDEDP VH PDQLIHVWDQGR VRE D IRUPD GH XP

3RUpP VHP D HODERUDomR GDV FDXVDV HPRFLRQDLV

GHVHTXLOtEULR ItVLFR JHUDOPHQWH JUDYH 3LHUUH 0DUW\

HQYROYLGDV GLILFLOPHQWH R WUDWDPHQWR PpGLFR HPERUD

SLRQHLUR QR HVWXGR GD SVLFRVVRPiWLFD HQIDWL]D D

LPSUHVFtQGLYHO VROXFLRQDUi R SUREOHPD GH VD~GH

LPSRUWkQFLD GRV UHFXUVRV SVtTXLFRV GHQRPLQDGR SRU

DSUHVHQWDGRSHORSDFLHQWH &RQWLQXD


Fone: (15) 3263-4321 (15) 3263-3730

e t r o c hor ! l e m O aqui!! estรก

- Av.:Mario Pedro Vercelino, 226 - Centro - Boituva/SP - Estrada Municipal Roque Antunes Fragoso, 170 - Flora Ville - Boituva/SP 115


36,&2/2*,$

9$026)$/$562%5(36,&26620·7,&$ 3RU&LQWLD%HUWROXFFL 3VLFyORJD FLEHUWROXFFL#JPDLOFRP

 $ SURSHQVmR D GHVHQYROYHU SUREOHPDV SVLFRVVRPiWLFRV HVWi OLJDGD D SUHFDULHGDGH QDV

ItVLFDVHDH[SUHVVmRGRVRIULPHQWRSVtTXLFRSDVVDULDD VHUGHVORFDGDHFHQWUDGDQRFRUSR

H[SHULrQFLDV LQIDQWLV JHUDGRUDV GH IUDJLOLGDGHV QDUFtVLFDV6HQGRDVVLPpIUXWRGDKLVWyULDSHVVRDOHGD

 $ VDtGD SDUD R WUDWDPHQWR GDV GRHQoDV

UHODomR HVWDEHOHFLGD GHVGH R QDVFLPHQWR FRP DV

SVLFRVVRPiWLFDVHVWiHPSRGHUPRVROKDUSDUDQRVVDV

SHVVRDV GH VHX FRQYtYLR DOpP GLVVR GHSHQGH GD

YLYrQFLDVSVtTXLFDVHH[SORUDUDVSHFWRVLQFRQVFLHQWHV

LQWHUDomR HQWUH IDWRUHV FRQVWLWXFLRQDLV H DPELHQWDLV

RX UHSULPLGRV SDUD TXH VH WRUQHP FRQKHFLGRV D

6HJXQGRRSVLFDQDOLVWD5XEHQV09ROLFK´VHXJUDXGH

SVLFRWHUDSLD IDFLOLWD HVVH SURFHVVR  H DWUDYpV GLVVR

GHVHQYROYLPHQWRGHHILFLrQFLDHGHTXDOLGDGH GHSHQGHGH

FRPSUHHQGHU D KLVWyULD D SDUWLU GD TXDO D GRHQoD VH

VXD KLVWyULD GH YLGD VHX SDWULP{QLR JHQpWLFR VXDV

FRQVWLWXLX e  DWUDYpV GHVVD H[SHULrQFLD TXH VH WRUQD

H[SHULrQFLDVLQIDQWLVVXDVFRQGLo}HVPDWHULDLVGHYLGDVXDV

SRVVtYHO XPD HODERUDomR GHVVHV DVSHFWRV

H[SHULrQFLDVDIHWLYDVUHODFLRQDLVVRFLRFXOWXUDLVHWFµ

LQFRQVFLHQWHV XPD LQWHJUDomR GRV PHVPRV j FRQVFLrQFLDHRGHVHQYROYLPHQWRGHUHFXUVRVSVtTXLFRV

´2EHErVHGHVPDQFKDHPSHGDoRVDQmRVHUTXHDOJXpPR

TXH SRVVLELOLWHP OLGDU FRP DV H[LJrQFLDV GD YLGD

PDQWHQKD SRU LQWHLUR 1HVWH HVWiJLR R FXLGDGR ItVLFR p

LQWHUQDV H H[WHUQDV  FRP PHQRV ULVFRV j LQWHJULGDGH

WDPEpP XP FXLGDGR SVLFROyJLFRµ :LQQLFRWW SHGLDWUD H

ItVLFD

SVLFDQDOLVWD LQJOrV QRV IDOD VREUH R ´SURFHVVR GH LQWHJUDomRµFRQTXLVWDGRSHOREHErFRPRUHVXOWDGRGR PRPHQWR HP TXH HOH DWLQJH D H[LVWrQFLD SVLFRVVR

SRLVRSVLTXLVPRQmRHVWiVHSDUDGRGRFRUSRFRPR

PiWLFDRXVHMDPRPHQWRUHSUHVHQWDGRSHODLQVHUomR

PXLWDVYH]HVDPHGLFLQDQRVID]SDUHFHU2HXHRFRUSR

GD SVLTXH QR VRPD GHQRPLQDGR SRU HOH FRPR

PDQWpPXPGLiORJRLQFHVVDQWHHQWUHVLHFRPRPXQGR

´SHUVRQDOL]DomRµ )DOKDV QHVVH PHFDQLVPR SRGHULDP

QDVD~GHHQDGRHQoD

JHUDUXPGHVHQFRQWURHQWUHDVYLYrQFLDVHPRFLRQDLVH 116

(PUHVXPRDGRHFHPRVVHPSUH´GHFRUSRHDOPDµ


117


36,&2/2*,$

1$5&,6,602

'20,72$2&25325$7,92 3RU&DLR&HVDU%DSWLVWHOOD 3VLFDQDOLVWD FDLREDSWLVWHOOD#JPDLO

2WHUPRQDUFLVLVWDILFRXEDVWDQWHGLIXQGLGRSHORGRXWRU6LJPXQG)UHXG SDLIXQGDGRUGDSVLFDQiOLVH5HPHWHDRPLWRJUHJRGH1DUFLVRXPMRYHP GHEHOH]DHQWRUSHFHQWHTXHGHILQKDDWpDPRUWHREVHUYDQGRVXDLPDJHPUHIOHWLGD HPXPDIRQWHGHiJXDFULVWDOLQD

3

DUDXPVXMHLWRGHSHUVRQDOLGDGHQDUFLVLVWD

SUROHWiULR D FRQWLQXLGDGH GR PpWRGR GH SURGXomR H

D~QLFDILJXUDH[LVWHQFLDOUHPHWHDR´VHXHXµ

FRQVXPRFDSLWDOLVWD3RUpPSDUDXPDSDUFHODGDFODVVH

ILFD LPSRVVLELOLWDGR D YLVmR GR RXWUR p

EXUJXHVDHVVDSHUVRQDOLGDGHVHID]QHFHVViULDGHQWUR

FRPRVHUR~QLFRUHVSRQViYHOSHODYHUGDGHLUDUHOLJLmRR

GR VLVWHPD GH FRQVXPR HYLWDQGR WDOYH] TXH

~QLFRSRUWDGRUGDVH[SHULrQFLDVUHOHYDQWHVHXPPROGH

´FRODERUDGRUHVµ WRPHP DV LGHLDV GH .DUO 0DU[ SDUD R

SDUDRPXQGR6XDVLGHLDVVHID]HPDSUySULDTXDOLGDGH

KDSS\KRXU0DVDILQDOYRFrOHLWRUVHSHUJXQWDSRUTXH

GRTXHpLGHDOWRUQDQGRRLQFRUULJtYHOFRPRGLWRSRU

HVVD FRPSDUDomR HQWUH D SHUVRQDOLGDGH QDUFLVLVWD R

1LHW]VFKH²´VHpH[SXOVRGRVHXFpXID]XPLGHDOQRVHX

PXQGR FRUSRUDWLYR H R VLVWHPD GH FRQVXPR 3DUD

LQIHUQRµ 2 QDUFLVLVPR SRGH VHU QRWDGR HP WRGRV RV

PHOKRUFRPSUHHQVmRDOLQKDVHJXLGDSDUDH[SODQDUDV

PHLRVGHFRQYLYrQFLDHQmRVHID]H[FHomRRPXQGR

LGHLDV WHUi ROKDU YROWDGR j VXEMHWLYLGDGH SVtTXLFD GR

FRUSRUDWLYR ORFDO RQGH SDVVDPRV D PDLRU SDUWH GH

VXMHLWR

QRVVD YLGD H VRPRV ERPEDUGHDGRV SRU DIHWRV

118



,QIHOL]PHQWH"3DUDDOJXQVVLPSRLVVHQGRXPDSHVVRDO

'HQWUR GDV FRUSRUDo}HV Ki SRVVLELOLGDGH GH REWHU

SRXFRKXPLOGHHJRFrQWULFDHWDPSRXFRVXEVHUYLHQWH

VDWLVIDomRTXDQGRSHUPLWHTXHRVXMHLWRPDQWHQKDVXD

QRWDVHSDUDSRXFRGRVPDLVO~FLGRVQDFRQGLomRGH

KLVWyULD SHVVRDO DUWLFXODGD FRP D UHDOLGDGH VRFLDO &RQWLQXD


119


36,&2/2*,$

1$5&,6,602 '20,72$2&25325$7,92 3RU&DLR&HVDU%DSWLVWHOOD 3VLFDQDOLVWD FDLREDSWLVWHOOD#JPDLO

SRUpP VH YROWDUPRV QRVVRV ROKDUHV DR DPELHQWH GH

1DPDWpULDGD3VLFRORJLDHP5HYLVWDLQWLWXODGDHQWUH

WUDEDOKRQRTXDODJUDQGHPDLRULDVHHQFRQWUDQRWDVH

RGHVHMRHRVRIULPHQWRSVtTXLFRQRWUDEDOKRSRGHVHU

IDFLOPHQWH TXH RV GHVHMRV VXEMHWLYRV j KLVWyULD

REVHUYDGRXPQRYRFDPLQKRHPEXVFDGDLQVHUomRH

LQGLYLGXDOpUHFDOFDGRHQDWHQWDWLYDGHDOFDQoDUHVSDoR

UHFRQKHFLPHQWRPLQLPL]DQGRDVVLPRFDUiWHUQDUFtVLFR

H UHFRQKHFLPHQWR R VXMHLWR JDVWD XPD HOHYDGD

GR VXMHLWR ² ´2XYLU R RXWUR p PDLV YDQWDMRVR DR QRVVR

TXDQWLGDGH GH HQHUJLD SVtTXLFD H FRPR UDUDPHQWH p

QDUFLVRTXHDVLPSOHVGHPRQVWUDomRGRQRVVRHXQDIDODVH

QRWyULD D VXD SUHVHQoD R QDUFLVLVPR VH ID]

DQDOLVDGDDLPSRUWkQFLDIDFLOPHQWHSHUFHELGDTXHRRXWUR

UHSUHVHQWDQWHQDWHQWDWLYDGHHYLWDURVXLFtGLRSVtTXLFR

OKH GDUi H WDPEpP p SRVVtYHO HYROXLU DR HQWUDUPRV HP

&RPRQRWDGDQDSHUVRQDOLGDGHQDUFLVLVWDDLPSRVLomR

FRQWDWR FRP RV FRQKHFLPHQWRV H H[SHULrQFLDV GR RXWURµ

GDV ´YHUGDGHLUDVµ LGHLDV GR VXMHLWR GHPRQVWUD VHX

SRUpP

SHQVDPHQWR LQWURVSHFWLYR FRP D IDOVD FUHQoD GH

TXH QmR ILTXH FRPR UHJUD RXYLU WRGR GLVFXUVR GR

UHDOLGDGH 1R 'LVFXUVR GR 0pWRGR 5HQp 'HVFDUWHV

RXWURHGHPRQVWUDUWRWDOLQWHUHVVHVHPDRPHQRVGHL[DU

DILUPDVREUHRSULQFtSLRLQDEDOiYHOGHVXDILORVRILD´HX

VHSHODWUDQVIHUrQFLDVHTXHL[DUGRVSUySULRVSUREOHPDV

SHQVR ORJR H[LVWRµ HVVH SULQFtSLR SRGH VHU XP GRV

H DQJ~VWLDV PDV GHYHPRV GHPRQVWUDU DWHQomR D

SLODUHV GD VREUHYLYrQFLD SVtTXLFD GR QDUFLVR H QHVVD

WHQWDWLYDGHWUDQVPLVVmRGHDIHWRGRRXWUR3RUWDQWRVH

WHQWDWLYDRVXMHLWRVHIHFKDQmRGDQGRFKDQFHVGRRXWUR

ID]FODURTXHDLPSRUWkQFLDGRHVSDoRGDSDODYUDQR

VHDSUR[LPDUYLYHVHXSUySULRLGHDOID]HQGRFRPTXH

WUDEDOKRpFRQGLomRSDUDGHVHQYROYHURSHQVDPHQWRH

WRGR VRIULPHQWR LQFRQVFLHQWH GD IDOWD GH LQVHUomR

GHVWD IRUPD HVWDUHPRV FRQWULEXLQGR QmR Vy SDUD D

UHFDOFDGR VHMD VXEOLPDGR GHQWUH RXWURV QR PHLR GH

HYROXomRLQGLYLGXDOPDVGDQGRXPJUDQGHSDVVRQD

FRQVXPR

EXVFDGHXPXQLYHUVRFRUSRUDWLYRDOWUXtVWD

 120


WEBSITES BLOGS

OTIMIZAÇÃO GOOGLE

SOCIAL MEDIA MARKETING

LOJAS VIRTUAIS

onpublicidade

1977

CURSOS DE MKT DIGITAL

(15) 3263.2287 (15) 99681.6691 - Rua José Ferriello, 117 WWW.OPTIMUS360.COM

121


Amais fevereiro 2017  
Amais fevereiro 2017  
Advertisement