Fara ASA

FARA ASA (OSE: FARA) is a provider of information technology systems to the public transport sector, specifically within electronic ticketing, infotainment, real time information systems, fleet management and passenger information. The company was established in 2005 as a spin-off of Q-Free and is based in Trondheim, Norway, with office in Oslo, Norway and subsidiaries in Finland, Sweden and Denmark. The business dates back to 1983, when the company was awarded its first AFC contract in the county of Sør-Trøndelag, Norway. In 1999, Q-Free acquired the ticketing business of Nera Mobildata AS, a Norwegian supplier of ticketing systems primarily to ferry-companies in Norway. Since then, AFC systems have been developed and delivered to,...