The bank in Italy where 440,000 giant wheels of cheese worth €130 million are kept

As far as international cuisines are concerned, the Italianindisputably, is among those with the greatest popularity worldwide, with the pasta and them pizzas to be considered by a large part of the public as the most delicious delicacy.

With countless local goodies, including famous ones cheeses of the countryit is no surprise that a bank is found in Italy where almost half a million wheels of cheese worth 130 million euros are kept!

The rules that govern Italian cuisine

So there are many rules in Italian cuisine designed to protect both the precious pasta and the rest PDO products but and the ingredients used to make them. For example, in Pasta Grannies, a documentary that films Italian grandmothers performing the dying art of making pasta by hand, many of the recipes used are surprisingly simple. But it is often critical that the ingredients – whether it is the olive oileither for the pine cones at pestoor for the cheese garnished on top – all come from Italy.

As it states Eatalytherefore, the European Union has enacted laws that officially label products as authentically made in the local area from which each of them originates. This prevents the mass production of most American supermarkets, where Italian shoppers are likely to be disappointed to find pre-shredded and powdered cheese. Parmesan which surprisingly never seems to end!

For example, the label “DOP” (ΠΕΠ in Greek), which stands for “Denominazione d’Origine Protetta” or “protected designation of origin”, is placed on cheese Parmigiano-Reggiano to indicate that it is produced in one of the four northeastern regions of the country: Modena, Bologna, Mantua the Parma, Vine Pair reports. But food protection doesn’t stop there: In the area Emilia- Romanalocated about 22 miles from the city of Parma, the Gringotts of Parmigiano-Reggiano ensures the safe storage of this precious cheese.

The Italian bank with the “golden” wheels of cheese

Well, Credito Emiliano, or Credem as most Italians call it, is one high security bank where local farmers can deposit their cheeses to ensure they stay safe. In addition to the laws that require Parmigiano-Reggiano to come from one of these northeastern regions, there are also cheese laws that require it to be cured in a certain way, with an aging process between 18 and 36 months.

Because of this long ripening period, farmers can trust their precious cheese to Credem, which grants loans to Parmigiano-Reggiano producers and keeps the cheese as collateral in its own warehouse during the ripening process, effectively replacing some of the work for cheese producers and gaining deep operational expertise.

In accordance with Forbesthe Gringotts of cheese stores 440,000 giant wheels of Parmigiano-Reggianowhich weigh 80 kg per piece. Because many of the area’s farms are still run by families who have traditionally been involved in Parmigiano-Reggiano production for decades, rather than corporate, consolidated operations, many farmers lack the space and sensitive conditions that the cheese requires to mature properly. in their land.

So Credem offers them exactly that. A valuable reimg for storing and protecting their products. According to a case study in Harvard Business Review and what Forbes reports, only 1% of the cheese ripening in this particular bank depreciates during the stay of here, compared to 10% of parmesan in other regions.

The value of cheese wheels at Credem is worth more than a visit to space

The cheese in the Credem bank, which is stocked with infrared cameras, air-conditioned safes with alarms and equipment which has been placed for her protection of of cheese in earthquake event,- is worth a total of between 120 and 130 million euros, or $125.5 to $139 million, according to EuroNews. With each wheel of cheese to be worth about 400 euros or about 428 dollarsthese security measures are necessary because thieves often target the bank to try and steal this valuable commodity.

The “king” of cheeses has about 900 years of history

The history of Parmesan dates back almost 900 years. During the Middle Ages, the manual production of the famous Italian cheese, considered as the “king” of cheeses, was widespread among Benedictine and Cistercian monks in the regions of Parma and Reggio Emilia. The tradition has been handed down over the centuries, intact, with parmesan, today, being one of the most popular cheeses worldwide.

Parmigiano-Reggiano, as it is called in Italian, however, in this case bank it is safe from the threat of thieves and the risk of exposure to hot temperatures that cause it to sweat and lose its value. Roberto Frignani, who is responsible for making sure the temperatures and climate in the storage warehouses at the bank are just right, said in a Great Big Story video that his job is to “protect the grower’s investment, basically from the cow to the bank’.