The LEGO Enterprise History

The Lego Company started in 1932. In the first few years, the company hardly ever made a loss. Nevertheless , in 1998, revenue dropped by 30%. In addition , the corporation accumulated personal debt of hundreds of dollars million and wasn’t adding any new value to its portfolio. This generated a number of changes at the organization.

In the late nineties, the SEGLAR Group enhanced beyond an individual team thinking about engineering toys. Today, the company markets a wide variety of companies is a global enterprise. Its toys vary from educational items for kindergartens to robotics and multimedia. It also includes two theme leisure areas where children can perform and learn.

Formerly, the LEGO Company began as a wood gadget company, but soon changed to manufacturing plastic gadgets. In 1949, the Profano Company had produced over 2 hundred different types of gadgets. The real wood toys was developed by Ole Kirk Christiansen. In the early years, the company used a wooden mould to create the first wood made toys.

The LEGO Company also broadened into robotics, media, and academic products with regards to preschools. Today, the company runs two theme parks in Denmark. The primary opened in Bil-lund, Denmark in 1968, and a second some may be set to wide open in Carlsbad, Arkansas in 1999.

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