• Port Move Makes Fast Link Faster
    Written by B. Tyril —

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    Port Move Makes Fast Link Faster

    As ro-ro ferry Norröna switches to Hirtshals for year-round port of call in Denmark, freight forwarder Smyril Blue Water has operations there streamlined — resulting in improved logistics and shorter processing times.

    Smyril Blue Water has gained logistical advantages in Denmark by having two of its operating units combined into one after roll-on/roll-off ferry Norröna moved to Hirtshals for Danish port of call last October. Prior to the new arrangement, Smyril Line’s superferry called at Esbjerg most of the year with the port of Hansholm taking over during three-month summer seasons.

  • Brussels: The Road to Four Freedoms
    Written by B. Tyril —

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    Brussels: The Road to Four FreedomsThe Faroese have had a busy representation office in Brussels since 1998 with diplomatic activities gradually changing focus from improving the 1996 Trade Agreement to facilitating cooperation in science, technology, and aviation.

    Following the implementation of the 1996 Trade Agreement between the Faroe Islands and the European Union, the Faroese agenda with regard to the EU was limited to setting up office in Brussels and make good efforts to improve that Trade Agreement. In the last few years, however, the focus has shifted toward establishing cooperation in key areas including science and technology and aviation, said Gunnar Holm-Jacobsen, head of the Mission of the Faroes to the European Union.

  • Seizing Initiative on Marine Issues
    Written by B. Tyril —

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    Seizing Initiative on Marine Issues

    Seas the Future, a high-level international conference on oceans issues in the North Atlantic, takes a proactive stance on challenges faced by countries dependent on the sustainable management of marine-based industries.

    It’s time to set the record straight and make clear that there is much more to sustainability and the oceans than implied in convenient and often misleading soundbites about the negative impacts of fishing.

  • Back To the Roots
    Written by B. Tyril —

    Back To the Roots (p 19)Since the idea of New Nordic Food came up in 2005, a distinct Faroese gourmet cuisine based on traditional specialties has emerged — while on the popular music scene, too, ambassadors of Faroese culture add originality and freshness.

    All of a sudden everything Nordic has a place in the sun, regarded around the world as something out of the ordinary, representing a neat a blend of sophistication and purity, of modern minimalism and originality. Think organic form and function meets clinical sustainability, if that makes sense.

Welcome to the 2011 Edition of the Faroe Business Report

Cover of FBR 2011

I’m proud to present the 6th edition of the Faroe Business Report. It’s a pleasure again this year to bring you this information package about the Faroese business scene in cooperation with leading businesses and government departments and agencies. I encourage you to take a read to check the state of affairs in the Faroese business environment and see what some of the main events are compared to last year or a few years back. I guarantee that there’s quite a few things that happen in the course of a single year — major change can occur very quickly in the Faroe Islands.


Búi Tyril
Publisher and Editor in Chief


Reach International Businesspeople with an Eye on the Faroe Islands

Sponsoring an article or placing an ad in the Faroe Business Report is a great way of accessing important market segments or conveying your values to key constituencies. For those keen to share with an international audience what their position in the Faroe Islands may mean, this yearly publication is recognized as the information medium of choice — an undisputed leader in its field.
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Sannførandi søgur byggja álit millum viðskiftarar og veitarar

Fyri bæði fyritøkur og stovnar er umráðandi at samskifta væl við umheimin, soleiðis at góð og hóskandi kunning altíð er tøk í rættari tíð. Hesin samskiftis tørvur ger seg altíð galdandi, eisini tá vit ikki beinleiðis síggja hann.

Hetta kemst millum annað av at broytingar við meir ella minni avgerandi ávirkan á virksemið hjá fyritøkuni ella stovninum kunnu henda óvæntað skjótt.

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