Oltchim, currently undergoing insolvency after a failed privatization attempt last year, employs 3,353 people.
“I don’t think anyone will manage to revitalize Oltchim at its current size of over three thousand employees, but a large part of the company may be revitalized as a private institution,” Ponta said late Monday on Realitatea TV.
He added CFR Marfa, which is up for privatization, will also have to perform staff cuts among its 11,000 employees.