The Lego Company started in 1932. In the first few years, the company do not ever made a loss. However , in 1998, sales dropped by 30%. In addition , the corporation accumulated debts of $800 million and wasn’t adding any fresh value to its stock portfolio. This resulted in a number of changes at the firm.
In the late nineties, the LEGO Group widened beyond an individual team focused entirely on engineering toys. Today, the company offers a wide variety of companies is a global enterprise. Its toys consist of educational goods for kindergartens to robotics and multimedia system. It also seems to have two theme recreational areas where kids can play and learn.
Originally, the SEGLAR Company began click here to investigate like a wood model company, although soon switched to generating plastic toys and games. In 49, the Profano Company acquired produced over 200 different types of playthings. The wood made toys have been developed by Ole Kirk Christiansen. In the early years, the corporation used a wooden shape to create the first wooden toys.
The LEGO Organization also extended into robotics, media, and educational products pertaining to preschools. Today, the organization runs two theme recreational areas in Denmark. The first of all opened in Bil-lund, Denmark in 1968, and a second an example may be set to open up in Carlsbad, Carolina in 1999.