The LEGO Enterprise History

The Lego Company begun in 1932. In the first few years, the company never made a loss. Nevertheless , in 1998, sales dropped by 30%. In addition , the business accumulated debts of hundreds of dollars million and wasn’t adding any fresh value to its portfolio. This led to a number of adjustments at the firm.

In the late nineties, the LEGO Group enhanced beyond an individual team thinking about engineering toys. Today, the company markets a wide variety of products and is a global enterprise. Their toys vary from educational products for kindergartens to robotics and multi-media. It also includes two theme leisure areas where children can enjoy and learn.

At first, the LEGO Company started to be a wood plaything company, yet soon made to generating plastic playthings. In 49, the Seglar Company got produced over 2 hundred different types of toys and games. The timber toys had been developed by Ole Kirk Christiansen. In the early years, the corporation used a wooden mold to create the first wooden toys.

The LEGO Firm also broadened into robotics, media, and educational products with respect to preschools. Today, the organization runs two theme leisure areas in Denmark. The first opened in Bil-lund, Denmark in late 1960s, and a second an example may be set to wide open in Carlsbad, Washington dc in 1999.

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