The European Bank for Reconstruction and Development invested EUR 358 million in 35 projects in Bulgaria by the end of April. Six of them, worth EUR 185 million, are in the state sector and the remaining 29, worth EUR 173 million, are in the private sector, EBRD Business Group Director for Southern and Eastern Europe Olivier Descamps said Thursday. The bank has earmarked EUR 500 million for Bulgaria, which will be disbursed if there are enough good projects. Descamps said. The EBRD will focus on energy sector reform and privatization until 2002, Descamps said. This includes the restructuring of the National Electric Company, the privatization of Maritsa Iztok - 3 and Maritsa Iztok - 1, as well as the possible full privatization of the electricity distribution companies. The EBRD is planning to disburse about EUR 100 million to Bulgaria this year, of which 25% will go to the financial sector, between 20 and 25% to private industrial companies and the rest to infrastructure projects. The EBRD intends to start investing in projects connected with retirement insurance and insurance. The post-privatization fund set up by the EBRD, which helps privatized enterprises, has had two transactions approved and is looking for three or four enterprises to support in the coming months. More than USD 10 million will be invested in such projects by the year's end