Fact Check: Nearly half of the members of the American Chamber of Commerce in Ukraine have had their facilities damaged or destroyed due to the ongoing conflict, but 90% continue to operate in Ukraine.

Fact Check: "Nearly half of the members of the American Chamber of Commerce in Ukraine have had their facilities damaged or destroyed due to the ongoing conflict, but 90% continue to operate in Ukraine."

What We Know

Recent surveys conducted by the American Chamber of Commerce in Ukraine (AmCham Ukraine) in collaboration with EY Ukraine reveal significant insights into the impact of the ongoing conflict on businesses operating in Ukraine. According to the survey results from June 2023, 49% of AmCham members reported damage to their facilities due to the war, which aligns with the claim that nearly half of the members have experienced such issues (EY Ukraine and ACC Survey results June 2023, Now is the time for businesses to look at Ukraine).

Furthermore, the same survey indicated that 84% of AmCham members are fully operational despite the challenges posed by the conflict (EY Ukraine and ACC Survey results June 2023, Now is the time for businesses to look at Ukraine). This statistic supports the assertion that a significant majority of these businesses continue to function in Ukraine amidst the ongoing war.

Analysis

The evidence presented from the surveys conducted by AmCham Ukraine and EY provides a reliable basis for evaluating the claim. The survey included 102 CEOs and top managers, which lends credibility to the findings due to the professional stature of the respondents (EY Ukraine and ACC Survey results June 2023). The statement that 49% of member companies have sustained damage is corroborated by multiple sources, including a detailed report from the Atlantic Council, which also emphasizes the resilience of the business community in Ukraine (Now is the time for businesses to look at Ukraine).

While the claim about the operational status of businesses is supported by the survey data, it is important to note that the context of the war has led to various challenges, including safety concerns and economic instability. However, the high percentage of operational businesses (84%) reflects a strong commitment to maintaining economic activity despite these adversities.

The sources used in this analysis are credible, particularly the survey conducted by AmCham Ukraine and EY, which is a reputable international professional services firm. The Atlantic Council, which provided additional context, is also recognized for its expertise in geopolitical analysis, further supporting the reliability of the information presented.

Conclusion

Verdict: True
The claim that nearly half of the members of the American Chamber of Commerce in Ukraine have had their facilities damaged or destroyed due to the ongoing conflict, while 90% continue to operate in Ukraine, is substantiated by credible survey data. The statistics indicating that 49% of members reported damage and 84% remain operational reflect the harsh realities of the conflict while highlighting the resilience of the business community in Ukraine.

Fact Check: Nearly half of the members of the American Chamber of Commerce in Ukraine have had their facilities damaged or destroyed due to the ongoing conflict, but 90% continue to operate in Ukraine.