Ponta said he informed both Economy Minister Daniel Chitoiu and his colleagues in the country’s ruling Social Liberal Union (USL) that Oltchim employees will be paid their back wages for November this week.
He added the employees had not received their back wages for three months when USL took over the reins.
Oltchim employees set off protests at the end of August after the plant’s production had been halted due to debts of over EUR500 million.
Romania has recently asked the European Commission to approve a loan of up to EUR10 million to Oltchim and the Commission is expected to decide on the country’s request.
Romania’s Government recently failed to privatize Oltchim because the winning bidder, a controversial local politician and journalist, 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 its debts to EUR580 million.