The LEGO Firm History

The Seglar Company started in 1932. In the starting years, the company do not made a loss. However , in 1998, sales dropped by 30%. In addition , why not try here this company accumulated financial debt of $800 million and wasn’t adding any fresh value to its portfolio. This generated a number of adjustments at the business.

In the late nineties, the LEGO Group broadened beyond an individual team concentrated on engineering toys. Today, the company offers a wide variety of products and is a global enterprise. Their toys range between educational products for kindergartens to robotics and media. It also possesses two theme leisure areas where kids can perform and learn.

At first, the SEGLAR Company started out like a wood doll company, nevertheless soon turned to building plastic toys. In 49, the Seglar Company possessed produced over 200 different types of gadgets. The wood toys have been developed by Ole Kirk Christiansen. In the early years, the corporation used a wooden mould to create the first solid wood toys.

The LEGO Provider also expanded into robotics, media, and educational products with respect to preschools. Today, this company runs two theme recreational areas in Denmark. The first opened in Bil-lund, Denmark in late 1960s, and a second the initial one is set to wide open in Carlsbad, Lots of states in 1999.


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