Faroe Islands the economy remains vulnerable. One of the biggest private companies of the Faroe Islands is the salmon farming company Bakkafrost, which is the largest of the four salmon farming companies in the Faroe Islands and the eighth biggest in the world. Petroleum found close to the Faroese area gives hope for deposits in the immediate area, which may provide a basis for sustained economic prosperity. 13% of the Faroe Islands' national income comes as economic aid from Denmark. This corresponds to roughly 5% of GDP. Since 2000, the government has fostered new information technology and business projects to attract new
Faroe Islands the Faroe Islands is dominated by arctic-alpine plants, wildflowers, grasses, moss and lichen. Most of the lowland area is grassland and some is heath, dominated by shrubby heathers, mainly "Calluna vulgaris". Among the herbaceous flora that occur in the Faroe Islands is the cosmopolitan marsh thistle, "Cirsium palustre". Although there are no trees native to the Faroe Islands, limited species were able to be successfully introduced to the region, including the Black Cottonwood, also known as the California Poplar (Populus trichocarpa) A few small plantations consisting of plants collected from similar climates such as Tierra del Fuego in South America