Mark Horner

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.

  🇫🇴 DKK [8.6952 GBP]    Atlantic/Faroe
The  SME Market in The Faroe Islands
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