The LEGO Enterprise History

The Seglar Company was founded in 1932. In the first few years, the company by no means made a loss. Nevertheless , in 1998, revenue dropped by simply 30%. In addition , this company accumulated debt of $800 million and wasn’t adding any fresh value to its portfolio. This resulted in a number of changes at the organization.

In the late nineties, the SEGLAR Group expanded beyond a single team concentrated on engineering toys. Today, the company sells a wide variety of companies is a global enterprise. Their toys range between educational things for kindergartens to robotics and multimedia system. It also offers two theme theme parks where kids can play and learn.

Originally, the PROFANO Company started out to be a wood model company, although soon made to providing plastic gadgets. In 49, the Profano Company experienced produced over 200 different types of gadgets. The real wood toys have been developed by Ole Kirk Christiansen. In the early years, the corporation used a wooden black mold to create the first hardwood toys.

The LEGO Provider also widened into robotics, media, and educational products to get preschools. Today, the organization runs two theme recreational areas in Denmark. The first opened in Bil-lund, Denmark in 1968, and a second one is set to open up in Carlsbad, Washington dc in 1999.

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