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.

Tags

Romanians Rally for EU Values

20:00

On Europe Day, the Romanian community in Belgium is holding a rally in Place du Luxembourg, Brussels, under the message "Support for a European Romania."

Mayor Dan Backs EU Path, Private Property

8 May 21:00

Bucharest Mayor Nicușor Dan, an independent presidential candidate, affirmed his strong support for private property and Romania’s European and Atlantic orientation in response to concerns raised by Dan Șucu, president of the Concordia Employers' Confederation.

Romania Open for Business

8 May 13:00

Amid rising economic pressures, including increased interest rates and fears over losing European funds, Romanian Economy Minister Ivan emphasized the need for calm and stability.

Romania Tops EU in Farm Workforce

7 May 21:30

Romania plays a crucial role in European agriculture, accounting for 23% of the EU's total agricultural workforce—1.77 million jobs, the highest share in the bloc—according to the Romanian AgriFood Startups Overview Report 2024.

Bolojan: "Every Voter Will Make History"

7 May 13:30

Interim President Ilie Bolojan urged Romanians to vote in the upcoming presidential runoff, stating that “every Romanian who goes to vote will make history.”

"Flower Bridge: 35 Years Later"

6 May 23:00

A photo exhibition titled “Flowers on the Prut: 35 Years Since the First Flower Bridge” was inaugurated on Tuesday at the Parliament of the Republic of Moldova in Chisinau.

Investor Exodus Over Political Turmoil

6 May 17:00

Investor fears are mounting as Romania faces a deepening currency crisis, driven by political instability, according to economic consultant Adrian Negrescu.

PSD Quits Coalition, Ciolacu Resigns

5 May 22:00

Romania’s Social Democratic Party (PSD) announced on Monday that it is leaving the governing coalition, prompting Prime Minister Marcel Ciolacu to step down.

Nicușor Dan Leads Moldovan Vote

5 May 17:00

Most Moldovans with Romanian citizenship backed independent candidate Nicușor Dan in Romania’s presidential elections, granting him 52.63% of their votes (47,630).

Lasconi Resigns as USR President

5 May 14:00

Elena Lasconi announced her resignation as president of the Save Romania Union (USR) on Monday morning.

Cirstea, Kalinskaya Take Madrid Title

5 May 09:00

Sorana Cirstea (Romania) and Anna Kalinskaya (Russia) captured the doubles crown at the WTA 1000 tournament in Madrid on Sunday, defeating Veronika Kudermetova and Elise Mertens 6-7 (10), 6-2, 12-10 in a tense final lasting 2 hours and 14 minutes.

Moldova Can Tip the Scales

4 May 23:00

Moldovan citizens with Romanian passports have a unique opportunity to influence the outcome of Romania's presidential election, according to government spokesperson Daniel Voda. In a statement today, Voda urged Moldovans to cast a pro-European vote, calling it crucial for the future of both countries.

Rafinor to Supply 10 Million Euros in Gold to Magnor

Tags

Related articles

Most read

Press Releases

Features