Rafinor to Supply 10 Million Euros in Gold to Magnor

Romania 31 March 2025 22:05

Rafinor, Romania's only gold refinery, has announced a strategic partnership with Magnor, a holding company with Romanian shareholders, to deliver 10 million euros worth of investment gold bars in 2025. This collaboration aims to simplify the acquisition of investment gold directly from Romania, offering transparency, reduced costs, and increased security for investors, CE Report quotes Agerpres

Rafinor will supply Magnor with 24K gold bars in various weights, with the 50g bars being the most popular among investors. The partnership supports the local economy and strengthens Romania's precious metals industry.

Rafinor’s CEO, Claudiu Diaconu, emphasized that the company is committed to providing Romanians with locally produced gold bars of premium quality. The refinery has also invested in modern technologies and employee training in collaboration with international specialists from Turkey and Italy.

Rafinor, with a refining capacity exceeding two tonnes of gold per year, is leading Romania’s precious metals sector by revitalizing traditional practices with state-of-the-art refining techniques.

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Rafinor to Supply 10 Million Euros in Gold to Magnor

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