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The Lego Company opened in 1932. In the starting years, the company do not ever made a loss. Nevertheless , in 1998, revenue dropped by simply 30%. Additionally , the organization accumulated personal debt of hundreds of dollars million and wasn’t adding any fresh value to its stock portfolio. This led to a number of alterations at the firm.

In the late nineties, the PROFANO Group expanded beyond an individual team centered on engineering toys. Today, the company markets a wide variety of companies is a global enterprise. It is toys range between educational items for kindergartens to robotics and media. It also provides two theme parks where kids can play and learn.

Actually, the PROFANO Company began as a wood doll company, nonetheless soon changed to making plastic toys. In 49, the Seglar Company got produced here are the findings over 200 different types of toys. The wood made toys was developed by Ole Kirk Christiansen. In the early years, this company used a wooden black mold to create the first wooden toys.

The LEGO Business also extended into robotics, media, and academic products meant for preschools. Today, the company runs two theme park systems in Denmark. The initially opened in Bil-lund, Denmark in late 1960s, and a second one is set to start in Carlsbad, Ohio in 1999.