The LEGO Organization History

The Lego Company started in 1932. In the first few years, the company for no reason made a loss. Nevertheless , in 1998, product sales dropped by 30%. Additionally , the company accumulated debt of hundreds of dollars million and wasn’t adding any fresh value to its collection. This led to a number of adjustments at the enterprise.

In the late nineties, the LEGO Group expanded beyond a single team centered on engineering toys. Today, the company sells a wide variety of products and is a global enterprise. Their toys cover anything from educational things for kindergartens to robotics and multi-media. It also has got two theme park systems where children can play and learn.

Formerly, the PROFANO Company started out as a wood gadget company, although soon changed to generating plastic toys. In 49, the Profano Company got produced over 200 different types of playthings. The hardwood toys had been developed by Ole Kirk Christiansen. In the early years, the organization used a wooden fungal to create the first solid wood toys.

The LEGO Business also extended into robotics, media, and educational products with regards to preschools. Today, the organization runs two theme park systems in Denmark. The initially opened in Bil-lund, Denmark in late 1960s, and a second you are set to available in Carlsbad, click to find out more A bunch of states in 1999.