Accueil Ernstrade Bourse Actualite Stock

Exchanges:  - Oslo

FARA ASA is a Norway-based company engaged in the provision of information technology (IT) solutions to the public transport sector. The Company’s products portfolio is structured in three divisions: electronic ticketing, including such automatic fare collection (AFC) services and products as on-board ticketing, sales office ticketing, ticketing management, system administration and configuration, data collection and forwarding, among others; real time information, offering fleet management, traffic management and passenger information systems, and infotainment, providing information based on media content combined with entertainment, such as news, commercial ads and weather forecasts. The Company’s wholly owned subsidiaries are: FARA Finland OY, FARA Danmark AS and CPT Nordic Ticketing AB. Through its subsidiaries, the Company has operations established in Finland, Denmark and Sweden. As of December 31, 2008, the Company was a 28.8%-owned affiliate of Redback AS.


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