Torshavn hosts some festivals where a number of locals as well as people from the nearby places of the Faroe Islands take an active participation in it. The festivals like the Ovastevna Festival and the Torshavn Jazz Festival are the major celebrations of Torshavn.
Torshavn Jazz Festival, popularly called as the Torshavn Jazz, Folk, and Blues Festival is an annual music festival which is held since 1983. Generally held in the month of August, the festival attracts musicians from all over North America and Europe. It is a week long celebration that almost leads to congestion in the harbor during that period. You can find local musicians and customary performers at the festival who literally rock the atmosphere.
The Ólavsøka Festival is an annual festival on the Faroe Islands held on 29 July commemorates the death of Saint Olaf. The official celebration starts with the opening of the Faroese Parliament and begins with a service held in Tórshavn Cathedral. On this day, festivities are held in the city of Torshavn that commence from the evening of the 28th where the festival continues till the end of July month i.e. 31st July.
Held in the harbor, the festival consists of dance, sports and exhibitions that create a great enthusiasm in the town's atmosphere. The major attraction during this fiesta is the boat race in the harbor where traditional wooden rowing boats participate.
People from all the nearby islands,all members of parliament and church officials gather at Torshavn to do shopping and fun.