Riba de Ave
|Riba de Ave|
|Municipality||Vila Nova de Famalicão|
|• Total||2.76 km2 (1.07 sq mi)|
|• Density||1,200/km2 (3,200/sq mi)|
The town exists since before Portugal became a country, although it was never more than a little village in the Ave Valley. It's the only place in the region that has maintained its name since medieval times.
The town only started to develop at the end of the 19th century when a textile industrial, Narciso Ferreira, settled there and created one of the first textile factories of the Ave Valley, Sampaio Ferreira. He was very successful and Riba de Ave was, for the better part of the 20th century one of the richest villages of the region. However the successive economic crisis proved fatal for most of the town's industry.
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