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…

Revamping Foreign Affairs

Through the Ministry of Foreign Affairs and Trade, the Faroese government seeks to galvanize its international efforts, including the pursuit of unrestricted access to overseas markets and independent membership of international organizations. […]

JFK: Fundamentals Remain the Same

With a history that goes back more than a century, Klaksvík-based JFK has built a strong position in both frozen-at-sea and land-processed whitefish as well as in pelagic fisheries, able to deliver top quality seafood all year around. […]

Covered Dry Dock to Keep Out Climate

By covering its dry dock at Skála, shipyard and engineering firm MEST looks to enhance its services by offering to carry out maintenance and repair work at any time of year — in the Faroe Islands — virtually regardless of weather. […]

Trade: Looking for New Deals

According to the House of Industry, Faroese exporters hope for a refined and extended free trade agreement with the European Union as the nature of Faroese exports has changed significantly in result of growth in pelagic fisheries. […]