Recognized Authority

Faroe Business Report—the International Review of Faroe Islands Industry and Trade—is recognized as a leading information source in its field, offering a quick yet comprehensive overview of the Faroes as an exporting country and a place for foreign investment. With the purpose of educating overseas clients, business and diplomatic contacts, and news media about the Faroe Islands, the Report has proved invaluable to readers, and indispensable for co-sponsors and advertisers for its well presented, easily digested information.

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Welcome to the 2016 Edition of the Faroe Business Report

Faroe Business Report 2016

Welcome to the 11th volume of the Faroe Business Report, the 2016 edition of the international review of Faroe Islands industry and trade. The tiny island nation in the North Atlantic continues to impress in several departments, with foreign trade reaching new record levels on the exports side, while at the same time incoming tourism is picking up amid reinforced efforts to promote the country internationally as a destination to visit. Read more…

Quick, Secure, Cost-effective Transport

Smyril Line Cargo transports thousands of tonnes of frozen and fresh seafood between the Faroe Islands and the European Continent, using two newly acquired freight vessels that take reefer trailers, containers and bulk freight. […]

Strong Beginning Puts Pelagos in Strong Position

Fuglafjørður’s state-of-the-art pelagic processing plant received its first catch in mid 2014 and has performed above expectations in its first 20 months — demonstrating “ability to deliver top quality products at competitive prices”. […]

Increasing Travel, the Faroese Way

After the completion of its major refurbishment — including an extended runway, a new passenger terminal, and significant safety and technology upgrades — additional development is set to make Vagar Airport even more attractive. […]

Twofold Extension for Tórshavn’s East Harbour

The Port of Tórshavn prepares for a major development project in response to rapidly increasing ship traffic — extending the East Harbour twofold by 95,000 square meters for new storage areas and added dock space. […]