The Lego Company begun in 1932. In the first few years, the company never made a loss. However , in 1998, product sales dropped simply by 30%. In addition , the business accumulated financial debt of hundreds of dollars million and wasn’t adding any fresh value to its portfolio. This resulted in a number of alterations at the provider.

In the late nineties, the PROFANO Group widened beyond just one team focused entirely on engineering toys. Today, the company sells a wide variety of products and is a global enterprise. Their toys range from educational products for kindergartens to robotics and media. It also contains two theme parks where kids can perform and learn.

Originally, the SEGLAR Company started to be a wood model company, nonetheless soon changed to developing plastic playthings. In 1949, the Profano Company got produced https://lego-x.com/ over 2 hundred different types of gadgets. The hardwood toys had been developed by Ole Kirk Christiansen. In the early years, the company used a wooden fungal to create the first timber toys.

The LEGO Firm also broadened into robotics, media, and academic products intended for preschools. Today, the corporation runs two theme theme parks in Denmark. The earliest opened in Bil-lund, Denmark in late 1960s, and a second an example may be set to start in Carlsbad, Carolina in 1999.