The decision was made Wednesday in Bucharest during a meeting between unionists, local authorities and Oltchim’s court-appointed administrators, Cernev said. Economy Minister Andrei Gerea was also present at the meeting, he added.
Parvu is currently running Oltchim’s petrochemical division in Bradu.
Oltchim laid off over 900 employees in June and downsized its staff to 2,330 workers.
The company entered insolvency in January 2013 after its privatization fell through in October last year. It is 54.7% controlled by the Economy Ministry.