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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…

As Tórshavn Grows It Goes Green

The Faroese capital Tórshavn — in fact more than a millennium old — celebrates its 150-year anniversary as a Municipality amid healthy population growth while going green as it continues to attract tourism and international business. […]

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. […]

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. […]

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. […]