The
SME Market
in The Faroe Islands
What is a Small to Medium Enterprise in The Faroe Islands?
Small and medium enterprises (SMEs) are businesses that maintain revenues, assets or a number of employees between certain thresholds. Each country has its own definition of what constitutes a small and medium-sized enterprise (SME). Small and medium-sized enterprises in Europe generally are businesses with no more than 500 employees and encompasses enterprises with different ownership structures and varying numbers of employees and levels of economic activity. The European Union has its own rules for its member states.
Image: Mirek237
How big is the SME Market in The Faroe Islands?
Small and medium-size enterprises play an important role in the economy of The Faroe Islands.
The Faroe Islands has a population of over 52,110 people.
What help is available for SMEs in The Faroe Islands?
Help for small and medium enterprises (SMEs) includes virtual peer-to-peer advisory boards. With our blended model utilising Zoom and supplemented by in person meetings we are able to support and grow businesses anywhere in the world. Our growing network of Regional Directors ensure that we have suitable people to help you whatever your language or time zone.
Denmark
Help for small and medium enterprises (SMEs) includes virtual peer-to-peer advisory boards. With our blended model utilising Zoom and supplemented by in person meetings we are able to support and grow businesses anywhere in the world. Our growing network of Regional Directors ensure that we have suitable people to help you whatever your language or time zone.
Faroe Islands has links with Åland Islands
🇫🇴 Tórshavn,
🇦🇽 Mariehamn Faroe Islands has links with Denmark
🇫🇴 Fuglafjørður,
🇩🇰 Aalborg 🇫🇴 Tórshavn,
🇩🇰 Birkerød 🇫🇴 Tórshavn,
🇩🇰 Esbjerg 🇫🇴 Tórshavn,
🇩🇰 Frederiksberg 🇫🇴 Eiði,
🇩🇰 Herning 🇫🇴 Runavík,
🇩🇰 Hjørring 🇫🇴 Klaksvík,
🇩🇰 Odense Faroe Islands has links with Finland
🇫🇴 Tórshavn,
🇫🇮 Jakobstad 🇫🇴 Klaksvík,
🇫🇮 Tampere Faroe Islands has links with Greenland
🇫🇴 Fuglafjørður,
🇬🇱 Ilulissat 🇫🇴 Klaksvík,
🇬🇱 Sisimiut 🇫🇴 Runavík,
🇬🇱 Uummannaq Faroe Islands has links with Iceland
🇫🇴 Sørvágur,
🇮🇸 Akranes 🇫🇴 Vágur,
🇮🇸 Akureyri 🇫🇴 Runavík,
🇮🇸 Egilsstaðir 🇫🇴 Vágar,
🇮🇸 Fjarðabyggð 🇫🇴 Tórshavn,
🇮🇸 Garðabær 🇫🇴 Tvøroyri,
🇫🇴 Tvøroyri,
🇮🇸 Hafnarfjörður 🇫🇴 Fuglafjørður,
🇮🇸 Húsavík 🇫🇴 Runavík,
🇮🇸 Ísafjarðarbær 🇫🇴 Runavík,
🇮🇸 Ísafjörður 🇫🇴 Klaksvík,
🇮🇸 Kópavogur 🇫🇴 Fuglafjørður,
🇮🇸 Norðurþing 🇫🇴 Miðvágur,
🇮🇸 Reykjanesbær 🇫🇴 Tórshavn,
🇮🇸 Reykjavík Faroe Islands has links with Italy
🇫🇴 Tórshavn,
🇮🇹 Riolunato Faroe Islands has links with Japan
🇫🇴 Klaksvík,
🇯🇵 Taiji Faroe Islands has links with Norway
🇫🇴 Tórshavn,
🇳🇴 Asker 🇫🇴 Eiði,
🇳🇴 Holmestrand 🇫🇴 Klaksvík,
🇳🇴 Trondheim Faroe Islands has links with Scotland
🇫🇴 Klaksvík,
🏴 Wick Faroe Islands has links with Sweden
🇫🇴 Tórshavn,
🇸🇪 Eslöv 🇫🇴 Tórshavn,
🇸🇪 Kista 🇫🇴 Klaksvík,
🇸🇪 Norrköping 🇫🇴 Tórshavn,
🇸🇪 Stockholm