State officials, management and bank officials met Tuesday to discuss the terms for a potential credit line extended to the postal operator.

Communications minister Lucian Sova said the postal service will play a more active role in the market and the company is likely to recover if it manages its resources responsibly.

In September, the government approved a five-year plan to reorganize Posta Romana. The postal operator will seek to diversify its products and services in a bid to raise revenue and turn a profit and will renegotiate its contracts with economic operators.

In 2016, Posta Romana had a turnover of RON1.1 billion and a net profit of RON10 million, from a loss of RON33 million the year before, according to finance ministry data.

The company had 24,000 employees.

In 2009-2013, it amassed losses of RON565 million.