• 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.

  • An Englishman in the North
    Written by J. B. Leith —

    An Englishman in the North (pages 8-9)

    Diary of a short stay in the Faroes — travelling between these magical islands is made remarkably easy with an impressive road infrastructure that features submarine tunnels; yet it’s the people that make it an unforgettable experience.

    For most of my life I’ve listened to the shipping forecast on BBC radio in the UK. There’s something entrancing about the litany of sea areas recited by the announcer — ‘Bailey, Fair Isle, Faroes, South East Iceland…’ — with news of deep depressions over the North Atlantic and gale-force winds hitting the remote Faroe Islands.

  • Faroe Origin Hits the Ground Running
    Written by A. Cross, B. Tyril —

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    Faroe Origin Hits the Ground Running

    Joint venture Faroe Origin puts former Faroe Seafood facilities in Runavík and Toftir at the center of processing activities, adding fresh products to the mix while keeping trawlers focused on saithe.

    The largest pelagic fishing enterprise in the Faroe Islands, Varðin has joined forces with Framherji and Iceland’s Samherji to take over a sizable section of Faroe Seafood’s assets following the bankruptcy of the former giant in the groundfish business.

  • An Agent of Change
    Written by B. Tyril —

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    An Agent of Change

    Predicting sharp increase in future ship traffic, Faroe Agency continues to push for change to help further develop the Faroese maritime cluster after recent improvements in the marine and environmental legislation.

    One striking example of the rapid development that the Faroese maritime scene has undergone over the last few years is seen in Faroe Agency, the locally owned shipping agency that was founded in 2005 when Iceland’s Eimskip acquired Faroe Ship.

Where do international businesspeople interested in the Faroe Islands look?

ImageFEBRUARY 2009. With the 2009 edition of the Faroe Business Report underway, here's a reminder of its convincing power. The Report is read by a wide variety of businesspeople with an interest in the Faroe Islands, which means sponsoring an article or placing an ad in the Report is a proven way to access vital market segments and communicate values to key constituencies.

For those keen to share with an international audience what their position in the Faroes may mean, the Report is recognized as the information medium of choice. Published yearly since 2005, the publication serves to highlight the Faroe Islands' industrial exports and the country's business environment, seeking to attract foreign business readers.

Credibility and readability are hallmarks of the Report. With the editorial team's knowledge and experience in business news, corporate communication, and professional photography, the yearbook has been a success from the start. It has a wide appeal to readers — business executives, managers, investors, journalists, civil servants, to name some — looking for a comprehensive outline of the Faroes in a business context.

 

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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