Narciso Ferreira (1862-1933) was a Portuguese

entrepreneur Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values t ...

in the north of

Portugal Portugal, officially the Portuguese Republic ( pt, República Portuguesa, links=yes ), is a country whose mainland is located on the Iberian Peninsula of Southwestern Europe, and whose territory also includes the Atlantic archipelagos of ...

( Riba d’Ave, in Vila Nova de Famalição).

Biography

He was the son of a farmers family. Since his father died when he was very young, his mother gave him a severe education. Seduced by the industrialization in the end of the 19th century, he was only nineteen years old when he set two looms in the farm house where they lived in Pedome. The production was sold in fairs and markets in the north of the country. Afterwards, he made friends with merchants an bankers and soon became very known and respected in the business world. Around 1887 he buys a groundplot on the edge of the river

Ave ''Alta Velocidad Española'' (''AVE'') is a service of high-speed rail in Spain operated by Renfe, the Spanish national railway company, at speeds of up to . As of December 2021, the Spanish high-speed rail network, on part of which the AVE s ...

in Riba d’Ave and he sets the first factory in 1890 with forty looms. In 1894 he establishes a commercial society together with Manuel Joaquim Oliveira, José Augusto Dias (banker), Ortgão de Sampaio (engineer) and José Fernandes, named Sampaio Ferreira & Cia. Lda., with 200 power looms, powered by a weir built on the river. Other factories were built later with the collaboration of his eldest sons, José, Delfim, Alfredo, Joaquim and Raul. He employed approximately 12.000 workers in the region.
Narciso Ferreira Foundation Website. Teatro Narciso Ferreira

Narciso Ferreira and his sons created the Narciso Ferreira Foundation.

Tributes

Narciso Ferreira Hospital
(1933);
Theater Narciso Ferreira1944
;
Narciso Ferreira Foundation
(1945);
Monument to Narciso Ferreira
(1949);
Narciso Ferreira Avenue
(Riba de Ave)
Narciso Ferreira Alameda
(Riba de Ave) etc.

External links

Narciso Ferreira Foundation, Website Vale do Ave, WebsiteFamalicão ID, Website

References

People from Vila Nova de Famalicão 20th-century Portuguese businesspeople 1862 births 1933 deaths 19th-century Portuguese businesspeople {{Portugal-business-bio-stub