The Lego Company begun in 1932. In the starting years, the company by no means made a loss. Nevertheless , in 1998, revenue dropped by simply 30%. Additionally , the organization accumulated debt of $800 million and wasn’t adding any new value to its portfolio. This resulted in a number of improvements at the provider.
In the late nineties, the SEGLAR Group widened beyond a single team thinking about engineering hop over to this web-site toys. Today, the company markets a wide variety of products and is a global enterprise. It is toys range between educational goods for kindergartens to robotics and multimedia system. It also has two theme theme parks where children can perform and learn.
Actually, the LEGO Company started out being a wood model company, although soon made to generating plastic toys. In 1949, the Seglar Company got produced over 200 different types of playthings. The wood toys was developed by Ole Kirk Christiansen. In the early years, the company used a wooden mildew to create the first timber toys.
The LEGO Firm also enhanced into robotics, media, and academic products meant for preschools. Today, the organization runs two theme recreational areas in Denmark. The primary opened in Bil-lund, Denmark in 1968, and a second one is set to open up in Carlsbad, Washington dc in 1999.