The Lego Company opened in 1932. In the early years, view the company hardly ever made a loss. Yet , in 1998, product sales dropped by simply 30%. Additionally , the company accumulated debt of hundreds of dollars million and wasn’t adding any new value to its collection. This triggered a number of adjustments at the provider.

In the late nineties, the PROFANO Group broadened beyond just one team dedicated to engineering toys. Today, the company markets a wide variety of companies is a global enterprise. Their toys range between educational merchandise for kindergartens to robotics and multimedia system. It also provides two theme recreational areas where children can play and learn.

At first, the SEGLAR Company started out as a wood plaything company, but soon switched to generating plastic toys and games. In 1949, the Lego Company had produced over 2 hundred different types of toys and games. The solid wood toys have been developed by Ole Kirk Christiansen. In the early years, the company used a wooden mould to create the first wooden toys.

The LEGO Business also expanded into robotics, media, and academic products pertaining to preschools. Today, the company runs two theme recreational areas in Denmark. The first opened in Bil-lund, Denmark in 1968, and a second an example may be set to start in Carlsbad, Lots of states in 1999.