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.

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.
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.
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.
– Claudiu Diaconu, CEO of Rafinor