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The LEGO Business History

The Seglar Company opened in 1932. In the early years, the company by no means made a loss. Nevertheless , in 1998, product sales dropped simply by 30%. Additionally , address the company accumulated financial debt of hundreds of dollars million and wasn’t adding any new value to its stock portfolio. This triggered a number of alterations at the organization.

In the late nineties, the LEGO Group broadened beyond just one team aimed at engineering toys. Today, the company sells a wide variety of products and is a global enterprise. It is toys range between educational products for kindergartens to robotics and media. It also contains two theme leisure areas where children can perform and learn.

At first, the SEGLAR Company started to be a wood plaything company, yet soon changed to making plastic gadgets. In 49, the Profano Company experienced produced over 2 hundred different types of toys and games. The wood made toys have been developed by Ole Kirk Christiansen. In the early years, the organization used a wooden shape to create the first real wood toys.

The LEGO Business also expanded into robotics, media, and educational products with respect to preschools. Today, the company runs two theme recreational areas in Denmark. The first of all opened in Bil-lund, Denmark in 1968, and a second the first is set to wide open in Carlsbad, Arkansas in 1999.

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