Ivi, Inc.

Greece’s only miniature therapy horses bring joy to many, but their charity is struggling

Slowly, almost imperceptibly at first, a smile spreads across the little girl's face. Blinking behind her glasses, she inches her wheelchair forward and gently reaches out to stroke the tiny gray horse.

Soon, 9-year-old Josifina Topa Mazuch is beaming as she leads Ivi, a specially trained miniature horse, standing no taller than her pink wheelchair, through the school hallway.

Factories shut one after another

The rapid deindustrialization of the country has led to the shutdown of at least 18 production units in the last five years from 2012 to 2016.

The latest such incident was the termination of the Pepsico-Ivi plant at Viotia, central Greece, on October 31. Three months earlier, on August 2, listed wire and wire ropes producer Leventeris had shut down its plant near Volos.