The LEGO Enterprise History

The Lego Company started in 1932. In the starting years, the company do not made a loss. However , in 1998, product sales dropped by simply 30%. Additionally , the corporation accumulated personal debt of hundreds of dollars million and wasn’t adding any fresh value to its profile. This triggered a number of improvements at the provider.

In the late nineties, the LEGO Group expanded beyond just one team focused entirely on engineering toys. Today, the company provides a wide variety of products and is a global enterprise. Their toys range from educational goods for kindergartens to robotics and multi-media. It also includes two theme park systems where children can enjoy and learn.

At first, the SEGLAR Company started out like a wood toy company, although soon switched to developing plastic toys. In 49, the Profano Company acquired produced over two hundred different types of playthings. The timber toys was developed by Ole Kirk Christiansen. In the early years, the organization used a wooden shape to create the first timber toys.

The LEGO Enterprise also broadened into robotics, media, and academic products intended for preschools. Today, the corporation runs two theme recreational areas in Denmark. The first opened in Bil-lund, Denmark in 1968, and a second the initial one is set to start in Carlsbad, Lots of states in 1999.