Diadchenko I. Ecological and economic features of ensuring financial stability of forestry enterprises in the South of Ukraine.

The approaches of domestic and foreign scientists to the essence of assessing the financial condition of the enterprise are generalized, which indicate the need and importance of such assessment to improve the work of market relations, the transition to self-sufficiency, self-financing, the need to improve financial resources. The application of the method based on fuzzy set theory in the practice of assessing the financial stability of forest enterprises is proposed, as the use of this method is relevant because a number of indicators are described by fuzzy parameters that cannot be measured numerically, but their impact on financial stability assessment is significant. Thus, a significant impact on the financial condition of forestry enterprises have natural and climatic and soil factors, the location of the enterprise in a particular natural and climatic zone, seasonality of work and other external factors. The concept of "financial stability of the forest enterprise" as a category for determining the financial condition of the forest enterprise, which reflects its ability to carry out break-even activities and avoid crises by maintaining the balance of liabilities and assets in the short and long term and determines the proper implementation of basic socio-environmental economic activities of forestry enterprises. The introduction of methodological approaches to assess the financial condition of forestry enterprises of subsidized nature, which are to compare the normative values of financial condition with the arithmetic mean of all business entities of the Mykolayiv Regional Department of Forestry and Hunting and allows to reduce the impact of random (larger or smaller) values on indicator for regional management. It is proposed to apply a methodical approach to the use of linear, logarithmic, polynomial, power and exponential mathematical models to calculate the level of need for budget financing of forest enterprises and forecast values of their financial stability and solvency. It is proposed as one of the areas of diversification of forestry enterprises, the creation of energy crops on forest lands that can not be used for other purposes, and the production of pellets from them for further sale. In particular, based on the calculations, it is proved that the proposed direction of diversification of forest enterprises in southern Ukraine will not only improve their financial condition, but also attract low-value land that is unsuitable for growing forests and crops, eventually improving their structure and content. Areas of cooperation with local governments have been identified, the need for which is due to the decentralization of the country's administrative system. The mechanism of realization of the system of management of financial stability of the forestry enterprises which is based on realization by the forestry enterprises of a complex of the corresponding organizational and technical and administrative actions is presented.