The LEGO Enterprise History

The Profano Company started in 1932. In the first few years, the company hardly ever made a loss. Yet , in 1998, sales dropped simply by 30%. Additionally , the organization accumulated debt of $800 million and wasn’t adding any new value to its portfolio. This led to a number of improvements at the organization.

In the late nineties, the PROFANO Group widened beyond an individual team focused on engineering toys. Today, the company provides a wide variety of products and is a global enterprise. Their toys cover anything from educational products for kindergartens to robotics and media. It also has two theme recreational areas where kids can play and learn.

At first, the SEGLAR Company started as being a wood model company, but soon changed to generating plastic toys and games. In 1949, the Profano Company possessed produced over 200 different types of toys and games. The wood toys had been developed by Ole Kirk Christiansen. In the early years, this company used a wooden mold to create the first timber toys.

The LEGO Provider also extended into robotics, media, and academic products with respect to preschools. Today, the business runs two theme theme parks in Denmark. The initial opened in Bil-lund, Denmark in 1968, and a second is set to available in Carlsbad, Washington dc in 1999.

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