. It won the award "2nd most beautiful stamp in Europe" in 2004. Artist: Edward Fuglø. After the election for the
Løgting in November 1974, the government decided that the postal service in the Faroes should be taken over by the Faroese Home Rule. In 1975, the Danish government and the Faroese government began negotiations on the takeover issue. The results of these negotiations led to the Faroese government taking over the postal service in the Faroes as of 1 April 1976. This new institution received the name
Postverk Føroya (Post of the Faroes). A ram's horn was chosen as the institution's logo. As a natural consequence of the takeover, two new departments were established within the Faroese postal system: the Postage Stamp Department and the Post Office Giro. In line with greater independence, the Faroe Islands adopted a
new postal code system consisting of the country code "FO" and a three-digit code, for example, FO-110 Tórshavn. This replaced the
Danish postal code system, introduced in 1967, using the range 3800 to 3899, prefixed with the letters "DK", later changed to "FR". Since the founding of Postverk Føroya in 1976, the Postage Stamp Department has taken over all the work relating to the postage stamps. The department organises all production, issuance and sales of postage stamps. Work was being done on restructuring the Faroese postal system, with the intent being for Postverk Føroya, which was a public institution, to be reorganised into a type of joint-stock enterprise. The postal system however continued to be a public company. The Faroe Islands postal service was restructured as a limited liability company on 1 January 2005. The name was changed to the "P/F Postverk Føroya" (i.e. Faroe Islands Postal Service Limited). The Faroe Islands Government is the sole shareholder of the company. The name was changed again in September 2009, this time to "Posta Faroe Islands" or just "Posta". At the same time a new logo was introduced. The new Posta logo is composed by two staggered arrows that are pointing in opposite directions, a symbol of "Receive" and "Send". The first arrow is sea blue color while the second arrow is green, a symbol of the ocean and the islands. == See also ==