Provided is a refrigerating or warming apparatus. The refrigerating or warming apparatus may include a cavity or compartment of which at least a portion of a wall is provided as a vacuum adiabatic body, a machine room disposed at a side outside the cavity, a compressor accommodated in the machine room to compress a refrigerator, a first heat exchange module or assembly accommodated in the machine room to allow the refrigerant to be heat-exchanged, a second heat exchange module or assembly accommodated in the cavity to allow the refrigerant to be heat-exchanged, and a machine room cover which covers the machine room to separate air flow passages where an internal air flow and an external air flow have directions opposite to each other.