Cant run my copy of WIngs 3D.

[micheus]

It looks like its even not starting in erlang environment (if I'm correct).

If you find the werl.exe running in the Task Manager it was started.

The main difference between 1.4.x and 1.5.x versions is that the newer one doesn't start with additional window (erlang log)?

It's the "Erlang console" and it was removed (hidden) recently.

Can I run Wings with kind of additional parameter, debug or something "safe mode"?

Yeah. You can try start wings by the command line so you will have the Erlang console back. Maybe it can stays opened after the crash and you can see any message on it.

Use the windows Prompt console for that (cmd.exe) and enter a line like this:
"C:\Program Files (x86)\wings3d_1.5.3\bin\werl.exe" -run wings start_halt -extra "C:\Users\<user name>\AppData\Roaming"

I used the directory for the current preferences file, but you can use any other as you can see in the dgud's post.