【Bucharest, R】Romanian Gold Refinery Rafinor Aims for €100 Million Annual Turnover within Three Years

Editor’s Note

Romanian precious metals refinery Rafinor has announced an ambitious target to more than double its annual revenue to over €100 million within three years. This follows a strong performance in 2025, where it reported approximately €40 million in turnover and a nearly 300% increase in its client base.

Growth Targets and Recent Performance

Romanian precious metals refinery Rafinor said it plans to grow its annual revenue to more than €100 million within the next three years. In 2025 the company reached around €40 million in turnover and produced roughly 5,000 gold bars, while growing its client base by nearly 300 percent compared with the previous year.

Product Portfolio and Expansion

Rafinor sells investment-grade gold bars, semi-finished gold, and industrial metal products for sectors including jewelry, retail, medical, green energy, photovoltaic, automotive, and technology. In November it also launched a silver processing line aimed at industrial users.

Company Background

The refinery is the only precious metals refining facility in Romania and was inaugurated in Bucharest in January 2025 following a €3 million investment. Rafinor has been expanding its production capacity and aligning operations with international standards.

CEO Statement
“The company’s performance reflects growing demand for domestically refined gold and strengthens Romania’s position in the investment metals market.”

– Claudiu Diaconu, CEO of Rafinor

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⏰ Published on: January 28, 2026