Rafinor, a company in which entrepreneur Claudiu Diaconu is a majority stakeholder, has sealed a partnership with MAGNOR holding, a Romanian-held company specializing in pawnbroking and money exchange services, for the supply of investment gold bars worth EUR10 million in 2025.
Romania pawnbroking market value topped RON2.5 billion in 2024, the equivalent of 25% growth against 2023, says Cosmin Popovici CEO of MAGNOR, the main player on the market, but also the owner of a trading platform for gold and diamond jewelry, electronics, luxury watches and handbags.