RAFINOR, Romania’s only gold refinery and the leader in the precious metals processing industry, and MAGNOR, the holding company that owns the most diversified trading platform for gold, electronics, and pre-owned luxury products, have entered into a strategic partnership to facilitate the purchase of investment gold directly from Romania. This partnership between two Romanian-owned companies brings significant benefits to investors and anyone interested in investment gold as a safe-haven asset. Purchasing gold directly from Romania ensures greater transparency in transactions, lower costs, and increased security for buyers. Additionally, it supports the local economy and promotes the development of a strong industrial sector for precious metals in Romania. “We are pleased that through our partnership with MAGNOR, we can offer investors of all levels the opportunity to purchase gold directly from Romania, from a reliable source with 100% Romanian ownership. RAFINOR allows Romanians to invest locally, with the guarantee of a premium product, thus supporting the circulation of precious metals within the national economy. Through MAGNOR, RAFINOR has begun distributing the first gold bars produced in Romania,“ said Claudiu Diaconu, CEO and majority shareholder of the Romanian precious metals refinery. “This partnership represents a major step forward for Romania’s gold market. Together with RAFINOR, we offer a reliable and advantageous solution for all those who want to invest in gold without depending on external sources,“ said Cosmin Popovici, CEO of MAGNOR. According to Claudiu Diaconu, the strategic partnership with MAGNOR marks a significant milestone in the company’s development. As a result, RAFINOR, Romania’s first modernized precious metals refinery, will deliver EUR 10 million worth of investment gold bars to its main commercial partner in 2025. This move further strengthens RAFINOR’s leadership position in the industry, leveraging both its experience in the international sector and its state-of-the-art refinery technology. The majority shareholder of Romania’s leading precious metals processing company highlights that significant investments have been made not only in modern technology but also in employee training. The RAFINOR team benefits from continuous training alongside technical specialists from Turkey and Italy, two of the world’s most important hubs for precious metals processing. RAFINOR supplies its main retailer with investment gold bars that stand out for their high-quality finish and guaranteed purity, certified by European-accredited laboratories. Each bar is individually packaged and inspected before shipping. The 24K gold bars range from 2.5 g to 50 g, with the latter being the most in demand among investors. “Through this collaboration, we aim to increase trust in Romania’s gold market and offer customers the most accessible and secure alternative for purchasing investment gold bars,“ added Claudiu Diaconu. He further emphasized that RAFINOR’s strategic objectives for 2025 include consolidating its status as a key player in Romania’s precious metals industry, providing premium products, and establishing strong, long-term partnerships. The CEO also aims to diversify the portfolio of distributor partners for investment gold bars. Shortly, the company is open to new collaborations with retailers looking to contract precious metals production. At the same time, RAFINOR is focusing on attracting new corporate clients interested in selling used gold, silver, platinum, and palladium to the refinery—materials that can no longer be reintroduced into circulation for end consumers. The acquired metals are then refined and used as raw materials for jewellery, dental technology, the automotive industry, green energy, photovoltaic panels (in granule or sheet form), and investment gold for end consumers.
“Little London” Theoretical High School, a private educational institution in Romania that values the Romanian educational system, has started construction work for the expansion of its school campus located in Voluntari, on Erou Iancu Nicolae Street. This initiative will increase high school capacity by 30% starting from the 2025-2026 academic year. In this context, the […]
British heavy metal band Iron Maiden will perform at Bucharest’s National Arena on May 28, 2026, as part of their “Run For Your Lives” anniversary world tour, promoter Emagic announced on Thursday, September 18. The concert will feature a career-spanning setlist highlighting defining moments from the group’s five-decade history, accompanied by what organizers described as […]
Three-quarters of Romanians believe that the war in Ukraine affects Romania to a very great and fairly great extent, according to the third edition of the Informat.ro barometer by INSCOP Research, carried out between September 1 and 9. The monthly survey, which aims to bring to public attention topics of interest, shows that “opinions are […]
Daniela Schoppmeyer, the majority shareholder and general manager of Faberrom, a company that took over in the 1990s most of the spaces of the former APACA clothing factory in western Bucharest, is the new owner of half of the emblematic Scala residential block, on Magheru Boulevard, Profit.ro reported. Schoppmeyer...
The Bucharest Municipal Parking Company (CMPB) inaugurated 189 new parking facilities with more than 12,400 spaces in the first half of 2025, while revenues from parking fees rose 20% year-on-year to RON 50.4 million (roughly EUR 10 million), the company said on Thursday, September 18. CMPB reported a net profit of RON 28.3 million for January–June […]
Romania has inaugurated underwater seagrass meadows and artificial reefs in the Black Sea as part of a major restoration project aimed at curbing erosion and reviving marine biodiversity, the National Administration “Apele Române” said. More than 20 hectares of seabed have already been planted with Zostera noltii seagrass and transplanted with Cystoseira barbata seaweed, creating […]
