Prime Minister Victor Ponta said earlier Wednesday that authorities must find a legal way to ensure money for Oltchim, and prevent funds from being blocked by creditors.
On Tuesday, he said Oltchim employees would receive unpaid wages in October and the plant would gradually restart activity in November.
Oltchim shut down activity at the end of August.
Romania recently asked the European Commission to approve a loan of up to EUR10 million to Oltchim, adding that a decision on the country’s request would be solved within 30 days.
Romania’s Government recently failed to privatize Oltchim because the winning bidder allegedly deceived authorities and the sale fell through.
Oltchim has 54.8% of its shares in the hands of the Economy Ministry, while Germany’s PCC SE holds an 18.32% stake.
Oltchim’s losses amount to about EUR400 million and it has debts of EUR580 million.