The LEGO Business History

The Profano Company was founded in 1932. In the early years, the company under no circumstances made a loss. However , in 1998, revenue dropped simply by 30%. Additionally , the business accumulated debts of $800 million and wasn’t adding any new value to its collection. This led to a number of changes at the firm.

In the late nineties, the LEGO Group expanded beyond just one team focused entirely on engineering toys. Today, the company provides a wide variety of companies is a global enterprise. The toys range between educational items for kindergartens to robotics and multi-media. It also has got lego-x two theme park systems where children can play and learn.

At first, the LEGO Company started like a wood doll company, yet soon made to making plastic gadgets. In 1949, the Lego Company possessed produced over 2 hundred different types of gadgets. The wood made toys had been developed by Ole Kirk Christiansen. In the early years, this company used a wooden mold to create the first hardwood toys.

The LEGO Organization also widened into robotics, media, and academic products designed for preschools. Today, the organization runs two theme leisure areas in Denmark. The earliest opened in Bil-lund, Denmark in 1968, and a second is set to wide open in Carlsbad, Cal in 1999.

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