The Lego Company begun in 1932. In the starting years, the company never made a loss. However , in 1998, revenue dropped by 30%. Additionally , the corporation accumulated debts of hundreds of dollars million and wasn’t adding any fresh value to its collection. This triggered a number of improvements at the enterprise.
In the late nineties, the PROFANO Group expanded beyond a single team concentrated on engineering toys. Today, the company markets a wide variety of companies is a global enterprise. Their toys consist of educational items for kindergartens to robotics and multimedia system. It also seems to have two theme recreational areas where children can perform and learn.
Formerly, the PROFANO Company started being a wood gadget company, but soon turned to creating plastic toys and games. In 1949, the Seglar Company had produced over 2 hundred different types of toys and games. The wood toys have been developed by Ole Kirk Christiansen. In the early years, the corporation used a wooden mildew to create the first wood toys.
The LEGO Organization also broadened into robotics, media, and educational products pertaining to preschools. Today, the company runs two theme park systems in Denmark. The initial opened in Bil-lund, Denmark in late 1960s, and a second is set to available in Carlsbad, click here to investigate Lots of states in 1999.