Riba de Ave
Encyclopedia
Riba de Ave is a Portuguese town located in the municipality of Vila Nova de Famalicão
Vila Nova de Famalicão
Vila Nova de Famalicão is a municipality in the district of Braga, in the north of Portugal. It is composed of 49 parishes.The municipality has a population of 131,690 inhabitants and a total area of 201.7....

 with an area of 2,83 km² (1,09 ml²) and 3 396 inhabitants.

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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