The company also owns P/F Vest Pack in Vestmanna, which produces amongst other things plastic foil containers for the fishing industry and the household, shopping bags in plastic and paper for supermarkets and industries. Furthermore Havnar Timburhandil has invested in 50 percent of the shares of the country's largest shopping centre, SMS in Thorshavn.

Havnar Timburhandil was founded in 1928. In the beginning the company was situated in an old warehouse on Thorshavns dockside. During the prosperity of the 1970's the company expanded and built a 3,000 sq. meter location for its business on a new industrial building site in Thorshavn. At the same time, the company's expansion reached to other parts of the Faroe Islands, currently owning 3 branches.

Currently the company is very successful.

P/F Vest Pack is one of Havnar Timburhandil's subsidiaries.

The plastic industry is relatively new in the country. The demand for plastic containers has grown during the recent years, on account of the fishing industry which increasingly uses plastic foil for storing their products. Vest Pack's greatest strength is flexibility. The quantity is on a small scale and thus it becomes easy to redefine the production size. The company can, effortlessly, produce special orders at competitive prices.