The Lego Group

Logo since 1998
Trade nameThe Lego Group
OwnersKirkbi A/S (75%) The Lego Foundation (25%)
Number of employees20,468 (2020)
Websitelego.com

Who is the current CEO of Lego?

Niels B. Christiansen (Oct 1, 2017–)
The Lego Group/CEO

How much money does LEGO make a year 2020?

BILLUND, March 10, 2021: The LEGO Group today reported earnings for the full year 2020. Revenue for the year grew 13 percent versus 2019 to DKK 43.7 billion and consumer sales grew 21 percent over the same period. Operating profit was DKK 12.9 billion, an increase of 19 percent compared with 2019.

Who is the founder of the Lego company?

It’s our name and it’s our ideal. The LEGO Group was founded in 1932 by Ole Kirk Kristiansen. The company has passed from father to son and is now owned by Kjeld Kirk Kristiansen, a grandchild of the founder. Ole Kirk Kristiansen, master carpenter and joiner, establishes his business in the village of Billund, Denmark.

Are there any other companies that make Lego bricks?

The toy company Tyco Toys produced such bricks for a time; other competitors include Mega Bloks and Best-Lock. These competitor products are typically compatible with LEGO brand bricks, and are often marketed at a lower cost than LEGO sets. One such competitor is Coko, manufactured by Chinese company Tianjin Coko Toy Co., Ltd.

Which is the FIRST LEGO Company in Denmark?

The LEGO Group is the first in Denmark to buy a plastic injection-moulding machine for toy production. The machine costs DKK 30,000. By comparison, the revenue of the firm this year is DKK 450,000. The Windsor SH Plastic Moulding Machine arrives at Esbjerg Port. As a test, six series of wooden toy animals are exported to India.

Who are the members of the Lego Group?

The LEGO Group’s top management consists of an Executive Leadership Team made up of 10 members and a Board of Directors. LEGO System A/S uses “Required Cookies” to run our website, “Functional Cookies” to improve your shopping experience and “Marketing Cookies” used by third parties to personalize marketing, including social media features.

What Corporation owns the toy company Lego?

Lego (/ ˈ l ɛ ɡ oʊ / LEG-oh, Danish: ; stylised as LEGO) is a line of plastic construction toys that are manufactured by The Lego Group, a privately held company based in Billund, Denmark.The company’s flagship product, Lego, consists of variously coloured interlocking plastic bricks accompanying an array of gears, figurines called minifigures, and various other parts.

What companies are like Lego?

Since the expiry of the last standing Lego patent in 1989, a number of companies have produced interlocking bricks that are similar to Lego bricks. The toy company Tyco Toys produced such bricks for a time; other competitors include Mega Bloks and Best-Lock.

What is the history of the Lego company?

The company was established in 1932 by master carpenter Ole Kirk Christiansen, who was aided by his 12-year-old son Godtfred Kirk Christiansen. It made wooden toys, stepladders, and ironing boards. It wasn’t until two years later that the business took the name of Lego, which came from the Danish words “LEg GOdt,” meaning “play well.”

Who is the creator of Lego?

The The Lego Group was founded by Ole Kirk Christiansen