The LEGO Organization History

The Lego Company begun in 1932. In the early years, the company never made a loss. Yet , in 1998, sales dropped by simply 30%. Additionally , the organization accumulated financial debt of $800 million and wasn’t adding any new value to its profile. This led to a number of alterations at the provider.

In the late nineties, the LEGO Group expanded beyond an individual team focused on engineering https://lego-x.com/ toys. Today, the company sells a wide variety of companies is a global enterprise. Their toys vary from educational items for kindergartens to robotics and media. It also seems to have two theme recreational areas where kids can enjoy and learn.

At first, the SEGLAR Company began being a wood plaything company, yet soon made to delivering plastic toys. In 49, the Seglar Company got produced over 2 hundred different types of playthings. The real wood toys had been developed by Ole Kirk Christiansen. In the early years, the business used a wooden black mold to create the first wood toys.

The LEGO Company also widened into robotics, media, and educational products meant for preschools. Today, this company runs two theme recreational areas in Denmark. The first of all opened in Bil-lund, Denmark in late 1960s, and a second one is set to start in Carlsbad, California in 1999.