About FARA Print E-mail

Since 1983, FARA has developed intelligent and innovative transport systems to 100+ operators worldwide. FARA products are applicable to public transportation operators everywhere, and our software portfolio covers automatic fare collection and real-time solutions for passenger information and fleet and traffic management.

In 2007 FARA acquired the Danish company TNC Connect AS and the Finnish company Buscom OY.

FARA has traditionally had a strong foothold in the Nordic markets, but with the latest acquisition of the largest vendor in Sweden; CPT Nordic in 2008, FARA has reinforced its undisputed position as the strongest provider of Electronic Ticketing and Real Time Information Systems in the Nordic market. Today, our partner and customer base is spread all across Europe. Outside our home markets in the Nordic, we work with strategic partners to be closer to our customers, to better understand local conditions and contribute to local business.

Our headquarter is located in Trondheim, Norway. FARA is listed on the Oslo Stock Exchange and we are considered to be one of the Nordic countries’ leading enterprises in our trade.
 
History Print E-mail

FARA ASA was formally established on the 15 December 2005, through a de-merger of the ticketing business of Q-Free ASA.

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, among others the Norwegian counties of Nord-Trøndelag, Vestfold and Telemark. In addition to the project supplies, the company has been actively participating in the work with the Norwegian national smartcard specifications (NSD – Nortic Specification DesFire).

FARA ASA has contracted deliveries of a new generation automatic fare collection systems to the counties of Rogaland, Hedmark, Oppland and Troms in Norway, as well as the city Umea and county Norrbotten in Sweden.