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…

New Simulators for Steeper Learning Curves

With 3,500 Faroese ship’s officers due for qualification updates in line with amendments to IMO standard requirements, the VH nautical school steps up training activities, increasingly using state-of-the-art simulation technology. […]

Klaksvík’s Quayside Training Center

With new purpose-built premises and a streamlined organization, maritime academy Sjónám offers a wide range of training programs and courses for international seafarers — expecting a growing number of foreign students. […]

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. […]

Taking Blue Whiting Up the Value Chain

Varðin makes another major announcement with the introduction of a new facility for mince and surimi from blue whiting, adding significant value to a species that has largely remained under-utilized in the Faroe Islands. […]