Inovafil’s Smart Thread wins Innovation Award

Inovafil, who manufactures smart threads for the technical textile and fashion markets, is the winner of the SME Innovation Prize COTEC-BPI 2019, an award destined at bestowing companies that excel in their innovative management practices, impacting growth and profitability.

The jury has highlighted Inovafil’s excellent corporate performance indicators and the dynamic of the yearly average growth of its turnover (22 million euro in 2018), more than 15% in the last three years.

For Rui Martins, Inovafil CEO, this prize is the recognition of the company’s notable performance and commitment to innovation, which is one of the pillars of its production.