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
Nordic House in the Faroe Islands fittings. All the exterior materials originated from the Faroe Islands or were produced on the Islands except for the glass and anodized aluminum facades, which are Danish. "Red. Kim Dirchinck-Holmfeld "et al." 1996. Færøsk arkitektur (Architecture on the Faroe Islands). Arkitektens forlag." Nordic House in the Faroe Islands The Nordic House () is the most important cultural institution in the Faroe Islands. Its aim is to support and promote Nordic and Faroese culture, locally and in the Nordic region Erlendur Patursson (1913-1986), Faroese member of the Nordic Council, brought forward the idea of a Nordic cultural house in the Faroe