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Faroe Business Report — The International Review of Faroe Islands Industry and Trade - Faroe Business Report — The International Review of Faroe Islands Industry and Trade
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Breaking the Size Barrier
Written by B. Tyril —
Going from 1,000 to 200,000 travelers per year in five decades, Vagar Airport braces for the next leap forward as its runway extension nears completion in a bet on airline competition to make air travel prices more attractive.
It’s been 50 years — in the spring of 2012 when the current extension of Vagar Airport is expected to be completed — since civil aviation first linked the Faroe Islands with the rest of the world. The lengthening of the runway from 1,250 to 1,800 meters was largely conceived with one prime challenge in mind: introducing airline competition to drive down prices of air tickets. -
A Fresher Kind of Eco-Awareness
Written by B. Tyril —
As issues of sustainability gain prominence at sea and on land, Faroese businesses and government agencies place new bets on research and development in renewable energy and clean technology.
You may find the freshest air, the cleanest seas, and the most unspoiled country anywhere; and you may even find the highest levels of environmental awareness that you could ever imagine. But you won’t find political environmentalism in the Faroe Islands. The aggressive nature of radical activism has always been viewed with skepticism here; the Faroese despise its often inconsistent style and tell-tale signs of urban non-awareness of the natural order of things. “Let’s get real,” they’d say. -
Putting Faroese Fingerprints on Sustainability Agenda
Written by B. Tyril —
Helping to make Faroese fisheries management stand out in inter-Nordic and international cooperation efforts: unrivaled levels of technical control coupled with unmatched availability of catch statistics and marine ecosystem data.
As a tiny country with a strong fishing tradition, the Faroe Islands is often quick to adopt new technologies and policies in key areas relevant to fisheries management. Clearly, this is a context in which size does matter with smallness offering great advantages, as the impact of anything implemented throughout the North Atlantic island nation tends to become known early. -
Slowly But Surely…
Written by J. Cresswell, B. Tyril —
FOÍB remains committed to promoting the oil and gas industry in the Faroes encouraged by the government’s new open-door policy and the growing activities in areas surrounding the Faroe Islands.
More than a decade since the first well was drilled offshore Faroe by Statoil, Faroes Oil Industry Group (FOÍB) chairman Nils Sørensen remains highly optimistic, despite no clearly commercial hydrocarbons finds having been made to date.
Now try to enter those keywords
DECEMBER 2007. A recent survey among our Annual Business Report clients reveals that most of them are highly positive about the general impression the publication gives and the feedback they receive from business contacts and other readers. The survey likewise reveals, however, that most of our clients have yet to realize the internet prowess offered through the online version of the Report and its content -- including the articles they themselves have sponsored. All of this means we now know a bit more of what to hold on to and what to let go, respectively -- and which facts to inform you on. We're actually very proud of the excellent rankings the articles of the Report are generating on the web according to our random tests. Here's a suggestion: try Google a few keywords in line with what you think potential prospects would be likely to enter -- then see what comes up.
Welcome to the 2011 Edition of the Faroe Business Report
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.