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…

Hotel Hafnia: The True Taste of Tórshavn

Perfectly located in the heart of Tórshavn, Hotel Hafnia — the Faroe Islands’ most historical, best located hotel — gets a facelift as it gears up for more business, with revamped reception hall, new conference facilities and new rooms. […]

Changes Ahead: New Fisheries Legislation

With the recent economic success of the pelagic fishing industry in the Faroe Islands, pressure is mounting to open the doors for newcomers while at the same time subjecting fishing rights to new restrictions and increased taxation. […]

World’s Top Spot for Mobile Broadband

In liaison with Chinese ICT giant Huawei, Faroese Telecom rolls out the latest 4G LTE technology to cover every inch of the Faroe Islands, staking claim on world leadership in mobile connectivity with average speeds rapidly approaching 100 Mbps. […]

Bergfrost Becomes Largest Cold Store in Faroe Islands, Iceland

As Fuglafjørður’s mountain rock-based cold store undergoes a new expansion to make the 25,000-tonne facility the largest in the Faroe Islands and Iceland too, a viable Faroese alternative to Continental Europe comes into play. […]