Type Public Area served Global Number of employees 80 Founded 2005 | Industry Information technology Website fara.no Headquarters Trondheim | |
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Key people Ørjan Kirkefjord (CEO)
Jan Pihl Grimnes (Chairman) Products Electronic ticketing
Infotainment systems
Real time information systems
Fleet management
Passenger Information Profiles | ||
FARA ASA FARA is a supplier of IT to the public transport sector and sells electronic ticketing and real-time information systems such as Fleet Management, Traffic Management, Passenger Information and Infotainment Systems.
History
FARA’s history dates back to 1983, when Nera Mobildata AS, a Norwegian supplier of ticketing systems for ferry companies, was awarded the first AFC contract in the county of Sør-Trøndelag, Norway. In 1999, Q-Free ASA acquired Nera's ticketing business. 15 December 2005 FARA ASA was formally established when Q-Free divested itself of its ticketing business.
Through the acquisition of the Danish company TNC Connect A/S and the Finnish company Buscom OY in 2007, FARA gained access to complimentary technology and additional distribution in the Nordic countries. With the acquisition of the largest electronic ticketing vendor in Sweden, CPT Nordic AB, in 2008.
In addition to project deliveries, FARA has been participating in the work with the Norwegian national smartcard specifications (NSD – Nordic Specification DESFire).
FARA has 80 employees in five locations and representatives across Europe. The corporate headquarters are based in Trondheim, Norway, home to Norway's most important university for technology and science, NTNU.