The LEGO Company History

The Lego Company was founded in 1932. In the first few years, the company by no means made a loss. However , in 1998, product sales dropped by simply 30%. In addition , the company accumulated debt of $800 million and wasn’t adding any fresh value to its profile. This led to a number of alterations at the enterprise.

In the late nineties, the PROFANO Group expanded beyond a single team focused on engineering toys. Today, the company markets a wide variety of companies is a global enterprise. The toys vary from educational items for kindergartens to robotics and multimedia. It also comes with two theme leisure areas where children can enjoy and learn.

Formerly, the PROFANO Company started out like a wood doll company, although soon changed to building plastic toys and games. In 1949, the Lego Company possessed produced over 2 hundred different types of playthings. The timber toys was developed by Ole Kirk Christiansen. In the early years, the company used a wooden mould to create the first wood toys.

The LEGO Company also broadened into robotics, media, and academic products with regards to preschools. Today, https://lego-x.com/2019/11/15/what-lego-vdr-users-can-teach/ the organization runs two theme leisure areas in Denmark. The primary opened in Bil-lund, Denmark in late 1960s, and a second the first is set to start in Carlsbad, Washington dc in 1999.