TracTechnology AB operates a radio frequency identification technology company. It engages in the development and sale of Radio Frequency Identification (RFID) equipment and systems such as time registration, entry control/access, security, cashless payment systems and industrial applications within several different industries which includes the following: traceability and marking of animals and meat, recycling and waste management, tourist, restaurant, hotel, construction, and security systems. The company was founded in 2002 and is headquartered in Kinna, Sweden.