The LEGO Organization History

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The Lego Company opened in 1932. In the first few years, the company do not ever made a loss. Nevertheless , in 1998, sales dropped simply by 30%. In addition , the organization accumulated personal debt of $800 million and wasn’t adding any new value to its collection. This triggered a number of changes at the business.

In the late nineties, the LEGO Group expanded beyond just one team aimed at engineering toys. Today, the company markets a wide variety of companies is a global enterprise. It is toys vary from educational merchandise for kindergartens to robotics and multimedia. It also provides two theme park systems where children can play and learn.

Formerly, the SEGLAR Company started to be a wood gadget company, yet soon changed to delivering plastic toys. In 1949, the Seglar Company acquired produced over 200 different types of gadgets. The solid wood toys had been developed by Ole Kirk Christiansen. In the early years, the corporation used a wooden mold to create the first timber toys.

The LEGO Provider also enhanced into robotics, media, and academic products intended for preschools. Today, the business runs two theme theme parks in Denmark. The initial opened in Bil-lund, Denmark in 1968, and a second the initial one is set to start in Carlsbad, Arkansas in 1999.

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