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The LEGO Firm History

The Lego Company opened in 1932. In the early years, the company do not made a loss. However , in 1998, sales dropped simply by 30%. Additionally , the corporation accumulated financial debt of hundreds of dollars million and wasn’t adding any fresh value to its stock portfolio. This led to a number of changes at the organization.

In the late nineties, the PROFANO Group enhanced beyond a single team devoted to engineering toys. Today, the company offers a wide variety of products and is a global enterprise. Its toys consist of educational goods for kindergartens to robotics and multimedia. It also has got two theme leisure areas where kids can perform and learn.

Originally, the SEGLAR Company started https://lego-x.com/2019/11/15/what-lego-vdr-users-can-teach as a wood plaything company, yet soon changed to producing plastic toys. In 1949, the Profano Company experienced produced over 200 different types of playthings. The hardwood toys have been developed by Ole Kirk Christiansen. In the early years, the organization used a wooden form to create the first wooden toys.

The LEGO Company also broadened into robotics, media, and academic products to get preschools. Today, the business runs two theme park systems in Denmark. The initially opened in Bil-lund, Denmark in 1968, and a second an example may be set to wide open in Carlsbad, Cal in 1999.