Romanian precious metals company RAFINOR closed 2025 with strong financial results, driven by operational expansion, a growing partner network, and increasing demand for its precious metal products. The performance confirms the company’s strengthening position in the domestic market and its accelerated growth trajectory.
According to company data, revenue increased by 100% compared to 2024, while net profit rose by approximately 70%. The results reflect both operational efficiency improvements and the company’s ability to meet growing market demand.
For 2026, RAFINOR expects the positive trend to continue, forecasting an 86% increase in revenue and a 42.5% rise in net profit compared to 2025.
Investments support long-term expansion
Company representatives say the difference between revenue growth and profit growth is mainly explained by investments made to expand operational capacity. While these investments generate additional depreciation costs in the short term, they are expected to support sustainable growth over the coming years.
Expansion is also evident within the supply network. In 2025, RAFINOR doubled the number of precious metal suppliers compared to the previous year and expects a further increase of approximately 85% in 2026.
According to Claudiu Diaconu, the company’s development addresses a genuine market need.
“Romania’s precious metals market has long depended on imports, bringing delivery delays, logistics costs and uncertainty. What we are building at RAFINOR is a credible, scalable local alternative capable of responding quickly. Doubling the number of suppliers in 2025 shows that this need exists and that confidence in Romanian production is growing,” he said.
Rising demand for investment bars and industrial products
Demand increased both for investment gold bars and industrial raw materials such as precious metal granules and strips.
During 2025, RAFINOR attracted 28 new corporate clients. In 2026, that number has already reached 40, highlighting growing demand for locally manufactured precious metal products.
The growth comes amid a broader development phase for the company. RAFINOR implemented ISO 9001, ISO 14001, and ISO 45001 standards while expanding its investment gold portfolio through new bar formats designed for different investor profiles.
The company states that direct access to products manufactured in Romania provides significant competitive advantages through lower logistics costs and shorter delivery times compared with imported alternatives.
RAFINOR is Romania’s first modern gold refinery and the country’s only precious metals refinery, with an annual refining capacity exceeding two tonnes of gold. In 2025, the company also launched silver processing for industrial applications and aims to surpass €100 million in annual revenue within the next three years.
