Wine bars co-owned by Mick Wallace made €40,000 last year

A wine bar and restaurant company co-owned by TD Mick Wallace made a profit of €40,000 last year, although the firm’s debts continued to grow by €63,732 to nearly €400,000.

Wallace Calcio Limited was set up by the Wexford TD to run a chain of Italian-themed wine bars, cafés, and restaurants. These include Enoteca Torino in Inchicore, Asti on Russell St, and Langhe in Dublin’s Italian Quarter.

He owns a 40% stake in the company, which he founded with his son, Sasha, in October 2003. His niece, Tina Harpur, and his former partner, Patricia Barry, own the remainder of the shares.