One Michelin star and one of the most prestigious locations in Milan, the Galleria Vittorio Emanuele II: ma the Cracco restaurant in the Galleria, also for the costs of that exclusive address, it is not sailing in good waters and would have debts for millions of euros. According to Affari Italiani, the venue opened in 2018 by the well-known chef Carlo Cracco in five years of management it has accumulated liabilities of over 4.6 million against reserves of 4.8 million, so much so that the shareholders’ equity has further decreased to 246 thousand euros.
Cracco’s pizza and the eternal controversy of the receipt on Twitter: when indignation is a lot a influencer
by Antonio Dipollina
The shareholders’ meeting of Felix srl – wholly controlled by Cracco Investimenti, of which the chef is the sole director – which owns the restaurant, was held in Milan in recent days. The objective of the assembly was to approve the 2022 budget, closed with a loss of 409 thousand euros, slightly less than that of 524 thousand euros in the previous year, which has been carried forward. However, the balance sheet of the starred restaurant recorded a growth in turnover year on year from 3.3 to 4.3 million euros, however seeing how to offset the increase in production costs from 4 to 4.8 million euros.
Silvio Berlusconi, snack at Cracco’s in the Gallery with his fiancée Marta Fascina and his grandchildren
by Andrea Montanari
Affari Italiani also explains that Felix srl has total debts of 7.3 million, of which 3.1 million to suppliers and 3.8 million to banks. The latter, in particular, are what remains of a 6 million loan disbursed in 2018 by Banca Popolare di Sondrio, the repayment of the principal line of which was suspended – due to Covid – from March 2020 to October of the following year.
