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
Flora of the Faroe Islands Flora of the Faroe Islands The flora of the Faroe Islands consists of over 400 different plant species. Most of the lowland area is grassland and some is heather mainly "Calluna vulgaris". The Faroese nature is characterized by the lack of trees, and resembles that of Connemara and Dingle in Ireland. Among the numerous herbaceous flora that occur in the Faroe Islands is the marsh thistle, "Cirsium palustre". There are no native forests in the Faroe Islands, and only a few woody plants occur. Findings of "Betula pubescens" trunks and branches in the soil, dated to c. 2300 BC, and