The LEGO Organization History

The Seglar Company begun in 1932. In the first few years, the company for no reason made a loss. Nevertheless , in 1998, revenue dropped simply by 30%. In addition , this company accumulated debt of $800 million and wasn’t adding any fresh value to its portfolio. This led to a number of improvements at the provider.

In the late nineties, the SEGLAR Group extended beyond a single team dedicated to engineering toys. Today, the company provides a wide variety of products and is a global enterprise. Their toys vary from educational items for kindergartens to robotics and multimedia system. It also contains two theme theme parks where children can perform and learn.

Formerly, the SEGLAR Company started out like a wood gadget company, yet soon made to providing plastic gadgets. In 49, the Seglar Company possessed produced over 200 different types of toys. The hardwood toys had been developed by Ole Kirk Christiansen. In the early years, the business used a wooden mold to create the first hardwood toys.

The LEGO Business also enhanced into robotics, media, and educational products meant for preschools. Today, the business runs two theme leisure areas in Denmark. The first of all opened in Bil-lund, Denmark in 1968, and a second one is set to start in Carlsbad, Cal in 1999.

Leave a Comment

Your email address will not be published. Required fields are marked *