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The Haub family no longer expects to find Karl-Ivan Haub alive. Almost a week ago, the Tengelmann boss disappeared in a glacier area.

Karl-Ivan Haub: Family sees no chance of survival for Tengelmann boss

The Haub family no longer expects to find Karl-Ivan Haub alive. Almost a week ago, the Tengelmann boss disappeared in a glacier area.

Karl-Ivan Haub: Family sees no chance of survival for Tengelmann boss

The Haub family has no hope of finding missing Tengelmann chief Karl-Ivan Haub alive. After more than seven days "in extreme climatic conditions of a glacier area" re is no longer a chance of survival, Tengelmann shared in name of family. The search will now be remade. But family does not want to give up: aim is to Haub Karl-Ivan. The family business will also take over all costs incurred.

Haub was on Saturday to a ski tour at Klein Matterhorn at Zermatt in Switzerland broken up. There he disappeared without a trace. Saviors speculate that he could be caught by an avalanche or plunged into a crevasse. His family hit alarm on Sunday morning. Since n, 60 rescue workers have been looking for him in difficult terrain on Swiss and Italian side.

But search was particularly difficult because of wear. There are also thousands of crevasses in region, some hundreds of meters deep. The forces were roped into most famous columns and shone out. Rescue helicopters were also in use.

The chief paramedic Axel Mann already saw only a minimum chance of survival on Wednesday. Haub was only slightly clod. He wanted to train for a ski race.

The 58-year-old Haub was one of richest German entrepreneurs. The assets of entrepreneurial family were most recently estimated by manager Magazin at around 4.2 billion euros. The family empire includes, among or things, Germany's largest textile disco under Kik and Obi market chain.

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