The LEGO Firm History

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The Lego Company begun in 1932. In the early years, the company by no means made a loss. However , in 1998, sales dropped simply by 30%. In addition , this company accumulated debts of $800 million and wasn’t adding any fresh value to its stock portfolio. This resulted in a number of adjustments at the organization.

In the late nineties, the SEGLAR Group enhanced beyond an individual team centered on engineering toys. Today, the company markets a wide variety of companies is a global enterprise. Their toys range from educational items for kindergartens to robotics and multimedia. It also contains two theme recreational areas where children can perform and learn.

Formerly, the PROFANO Company started out being a wood model company, but soon switched to delivering plastic toys. In 1949, the Profano Company experienced produced over two hundred different types of toys. The hardwood toys have been developed by Ole Kirk Christiansen. In the early years, the business used a wooden fungal to create the first wood made toys.

The LEGO Provider also extended into robotics, media, and educational products for the purpose of preschools. Today, the corporation runs two theme park systems in Denmark. The first of all opened in Bil-lund, Denmark in late 1960s, and a second is set to wide open in Carlsbad, Arkansas in 1999.

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