The Lego Company opened in 1932. In the early years, the company do not made a loss. Nevertheless , in 1998, revenue dropped simply by 30%. In addition , the corporation accumulated personal debt of $800 million and wasn’t adding any fresh value to its collection. This led to a number of improvements at the company.

In the late nineties, the SEGLAR Group broadened beyond a single team thinking about engineering toys. Today, the company markets a wide variety of companies is a global enterprise. Its toys range between educational items for kindergartens to robotics and multimedia. It also has two theme recreational areas where children can perform and learn.

Originally, the LEGO Company started like a wood doll company, nonetheless soon changed to manufacturing plastic toys. In 49, the Seglar Company had produced over two hundred different types of gadgets. The wooden toys was developed by Ole Kirk Christiansen. In the early years, the business used a wooden mold to create the first hardwood toys.

The LEGO Firm also broadened into robotics, media, and academic products meant for preschools. Today, the company runs two theme parks in Denmark. The first opened in Bil-lund, Denmark in late 1960s, and a second an example may be set to open up in Carlsbad, Cal in 1999.