Maria Golenkov, vice president of children’s and jewelry products at Inventive Retail Group, said that the Danish company that produces Lego builders has a legal personality in Russia, but the resumption of the company’s work in the Russian Federation has not yet been implied. It has been reported TASS.
“Lego really has a legal personality in Russia. But, as far as we know, there is no talk of continuing full-fledged work,” said Golenkova.
He emphasized that the World of Cubes chain of stores, managed by Inventive Retail Group, supplies Lego through parallel imports.
Before that, it was known that Lego was the world’s largest toy manufacturer. reported last year it amounted to DKK 64 billion ($9.2 billion), an increase of about 17%.
In 2022, Lego’s net profit increased 4% to $2 billion and operating profit increased 5% to $2.6 billion. At the same time, the company manages to outperform its rivals, Mattel and Hasbro. For example, in 2022, Mattel had net income of $5.4 billion and $400 million, while Hasbro had $5.9 billion and $200 million, respectively.
former Central Bank declaration about a possible increase in key rate.