The LEGO Organization History

The Lego Company was founded in 1932. In the first few years, the company do not ever made a loss. Nevertheless , in 1998, sales dropped by 30%. In addition , the business accumulated personal debt of $800 million and wasn’t adding any new value to its profile. This triggered a number of improvements at the provider.

In the late nineties, the SEGLAR Group extended beyond a single team focused on engineering toys. Today, the company offers a wide variety of products and is a global enterprise. It is toys vary from educational merchandise for kindergartens to robotics and multimedia system. It also comes with two theme parks where children can play and learn.

Originally, the LEGO Company began as being a wood toy company, yet soon switched to manufacturing plastic toys and games. In 1949, the Profano Company got produced over 2 hundred different types of playthings. The timber toys had been developed by Ole Kirk Christiansen. In the early years, the corporation used a wooden fungal to create the first timber toys.

The LEGO Organization also enhanced into robotics, media, and academic products with respect to preschools. Today, this company runs two theme theme parks in Denmark. The initial opened in Bil-lund, Denmark in late 1960s, and a second one is set to start in Carlsbad, California in 1999.

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