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 Cup no longer exist. Faroe Islands Cup The Faroe Islands Cup () is the main football cup competition in the Faroe Islands. The first edition was played in 1955. The first decade of the competition was marked by the alternance of titles between HB and TB. In subsequent editions, teams like B36, KÍ and currently inactive GÍ were also champions, but not enough to approach the number of titles of HB. However, in recent years, the cup has been dominated by EB/Streymur and Víkingur, which alternated titles for nine editions and have already made 3 finals (all won by Víkingur). The