Ecological Systems and Devices Annotation << Back ENVIRONMENTAL AND ECONOMIC EFFICIENCY RISK AT THE INVESTMENT OF THE NEW EQUIPMENT FOR THE LAND RECLAMATIONPROJECTS I.F. Yurchenko Improvement of the theory and practice of environmental and economic efficiency estimation at new equipment and machinery application is an actual socio-economic issue in the field of the production. Automation of the technological procedures and management are the leading factors of the efficiency increase for the organization. The procedures on methodological recommendations improving to calculate the efficiency of the projects for the technological processes automation in land reclamation, based on the risks estimation during measures application are considered in the paper. The analysis of the existing regulatory and methodological base on the new equipment effi ciency estimation showed the necessity of its transformation, taking into account modern requirements on the land reclamation projects investment (LRPI) effi ciency estimation which is used in foreign and domestic practice. It is proposed to estimate risk of new technique investments on the base of on the results of the parametric analysis of the probability distribution function of profitability. Calculations of the efficiency of the specifi c projects were carried out at the example of the software and hardware diagnosis of the conditions of water supply facilities of the land reclamation systems. The risk of (LRPI) was estimated by the use of the probability of positive values of the discounted net income growth (DNIG). The estimation of the risk on non-profi tability at new equipment application was carried out by the method of simulation (Monte–Carlo) implemented in the Microsoft Excel environment by the use of the commercial software complex Oracle Crystal Ball. The following procedures are presented: the formation of the profi tability model, the establishment of the distribution of signifi cant variables of the model, the calculation of modeling conditions and the resulting values. The probability of the investment project efficiency (DNIG>0) reaches 98,16 %, which indicates a low degree of its risk – less than 2 %. Taking into account the above pattern the validity of the decisions on new technological improvements will grow considerably. Keywords: risk; ecological and economic efficiency; new equipment; land reclamation investment projects. DOI: 10.25791/esip.10.2018.206 Contacts: E-mail: irina.507@ mail.ru Pp. 12-22.