The LEGO Organization History

The Lego Company was founded in 1932. In the starting years, the company never made a loss. Nevertheless , in 1998, sales dropped by simply 30%. In addition , the organization accumulated personal debt of hundreds of dollars million and wasn’t adding any fresh value to its profile. This triggered a number of changes at the enterprise.

In the late nineties, the SEGLAR Group broadened beyond an individual team concentrated on engineering toys. Today, the company markets a wide variety of companies is a global enterprise. Their toys vary from educational merchandise for kindergartens to robotics and multi-media. It also has got two theme theme parks where children can enjoy and learn.

At first, the SEGLAR Company started out to be a wood model company, although soon changed to making plastic playthings. In 1949, the Seglar Company experienced produced over two hundred different types of toys and games. The solid wood toys had been developed by Ole Kirk Christiansen. In the early years, the organization used a wooden form to create the first timber toys.

The LEGO Business also broadened into robotics, media, and educational products meant for preschools. Today, this company runs two theme park systems in Denmark. The first of all opened in Bil-lund, Denmark in late 1960s, and a second is set to available in Carlsbad, A bunch of states in 1999.