Since its beginning in 1949, the LEGO Company has grown outside its classic development-toy set to produce toys and games, robotics, educational products for preschools, plus more. Today, the business is an industry titan, which is a popular vacationer destination. Ole Kirk, you can actually founder, had a dream of setting up a company that would be both impressive and fun for children. The LEGO Company’s success is definitely the result of a dream, and the business products is really an excellent way to introduce children to a ” new world “.

The LEGO Company started by Ole Kirk Christiansen, a father from Billund, Denmark. Christiansen purchased a woodworking shop in Billund in 1916 and commenced building household furniture and houses pertaining to local maqui berry farmers. His workshop caught open fire in 1924, when two of his daughters accidentally collection the workshop burning down.

The Lego Group features undergone a couple of struggles during its record. Its organization has been questioned by a number of factors, which include changes in the entertainment industry and business environment. The company has suffered due to long preparing times, logistical problems, and financial problems, and comes with faced competition from greater, more established organizations such as Mattel and Hasbro. The company has also been challenged by the rise of recent technologies, including the internet and video games.

Despite these difficulties, the Seglar Group has continuing to increase and develop its products in order to satisfy the ever-changing demands of children. The organization has also opposed the demands of global competition, and is at this point one of the most successful toy companies in history.