The head of the State Mint wins double to Nicușor Dan. “Maybe the President of Romania is not paid well enough”
Octavian Schen, the general director of the State Mint, has a double monthly salary compared to the president Nicușor Dan. Former electrician of the institution, Schen says that his income is justified by performance.
The head of the State Mint wins double compared to the President of Romania Photo: BNM
The director of the State Mint, Octavian Schen, receives over 11,000 euros a month, the equivalent of 56,787 lei, according to the financial data for 2024. In an interview for Antena 3 CNN, he acknowledged that his income is double that of the President of Romania and justified this discrepancy through the low level of the head of state.
“Maybe the President of Romania is not paid well enough ”, said Schen, asked why he wins more than Nicușor Dan.
Asked about his high income and if he reflects the work done, Schen replied: “I know that there are laws in Romania, and the respective laws provide certain values, certain indicators. If you analyze the 15 years of activity, a mandate of general manager, you will find that we have only received 1,000 on average. The fact that there were times when these rights and remuneration have been negotiated, they They are obtained on the basis of performance indicators ”.
Mysterious rewards
In addition to the basic salary, the head of the coin acknowledged that he also receives “rewards“But he refused to say what.
Asked if such an amount seems normal to him, Schen added: “There is a dialogue for certain adjustments that want to be made. I have a family, I have a child, I have to maintain my child and it is natural for everyone to get the rights to ensure their living.”.
From electrician to general manager
Octavian Schen has been leading the state currency in August 2010, which is almost 15 years old. He started his career in the institution as an electrician, then followed the Academy of Economic Studies, becoming an accountant. He gradually climbed into the hierarchy: he was head of the Human Resource Service, secretary of the Board of Directors, chief accountant, and eventually became general manager.
His salary for 2024 amounts to 681,450 lei, according to official data, compared to 431,491 lei in 2023. Thus, the allowance was greatly increased, reaching a monthly average income of 56,787 lei.
Increasing expenses to state currency
The monetary of the state, subordinated to the National Bank of Romania, spent in 2024 over 36.9 million lei for the salaries of the approximately 230 employees. During the same period, the expenses with the collaborators doubled, from 932,209 lei in 2023 to almost 2 million lei in 2024.
Also, the allowances of the members of the Board of Directors increased spectacular, from 500,717 lei to 2023 to 1,309,484 lei in 2024, almost three times more. Employees also benefit from a retirement bonus equivalent to four classification salaries.
