Toy maker Lego says sales soared 25% last yearFebruary 21, 2013 - 15:45 AMT PanARMENIAN.Net - Danish toy maker Lego says sales soared 25 percent last year thanks partly to the new Lego Friends series of building blocks designed for girls, The Associated Press reports. The privately owned company says that on revenue of 23.4 billion kroner ($4.2 billion) it made net profits of 5.6 billion kroner ($1 billion), up 38 percent. The company, based in western Denmark, said Thursday, Feb 21, that series like Lego Star Wars and Lego Ninjago were among the more popular. But it was the novel rollout for girls, Lego Friends, that sold much better than expected — to the extent that the company was unable to keep up with demand. CEO Joergen Vig Knudstorp says Lego had shown it can develop toys that children across world "put at the top of their wish lists in 2012." Here's a comprehensive article - titled Top 10 Ways Legos Are Educational for Your Child: Learning with LEGO - by Brick Dave about how legos can help develop a child's skills, Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |