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FARA AS

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FARA AS
200px
Type
Public
ISIN🆔
IndustryInformation technology
Founded 📆2005
Founder 👔
Headquarters 🏙️,
Trondheim
,
Norway
Area served 🗺️
Global
Key people
Ørjan Kirkefjord (CEO)
Svein R. Goli (Chairman)
Products 📟 Electronic ticketing
Infotainment systems
Real time information systems
Fleet management
Passenger Information
Members
Number of employees
100+
🌐 Websitefara.no
📇 Address
📞 telephone

FARA AS 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. Ørjan Kirkefjord is the chief executive officer (CEO) of FARA.[1] FARA has 100 employees internationally. The corporate headquarters are in Trondheim, Norway, home to Norway's most important university for technology and science, NTNU.[2]

History[edit]

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 complementary 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).

References[edit]

  1. Ørjan Kirkefjord (11 December 2017). "My journey towards smarter transportation". CEOWORLD magazine.
  2. "History of FARA". FARA Web Site. Retrieved 9 September 2013.


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