The case against Popoviciu was set in motion in 2005 when a businessman lodged a criminal complaint against him and the rector of a Romanian university relating to the sale of a 550-acre plot of land near Bucharest, according to documents from the European Court of Human Rights.
https://www.nbcnews.com/politics/politics-news/hunter-biden-s-legal-work-romania-raises-new-questions-about-n1071031

In short, investigators said that Baneasa Investments, the firm owned by Popoviciu, entered in a deal with the University of Agricultural Science and Veterinary Medicine (USAMV) through which the land was illegally transferred in the share capital of the private firm. The land transfer was made at a price of USD 1/hectare, while the market price in that area stood at EUR 150 per sqm. The transaction was carried out in the 2000-2004 period.

The land belonged to the former Baneasa farm and is located near the busy road DN 1, which links Bucharest and Ploiesti cities.

In late 2016, Popoviciu started to invest in a new residential project in the Barbu Vacarescu area, in the northern part of Bucharest.
The businessman has investments in restaurants chains, hotels, malls and retail networks.
http://business-review.eu/news/real-estate-mogul-puiu-popoviciu-gets-7-year-jail-sentence-for-dodgy-land-deal-145025

Baneasa Developments is a company that orchestrates a unique mix of real estate developments, shopping center management and an extensive entertainment unit, concentrated on the Baneasa Commercial Platform, an extensive commercial and real estate area located in the northern area of Bucharest, the city’s richest and most developed area, right next to the country’s most circulated road and on the way to Otopeni International Airport.
https://www.linkedin.com/company/baneasadevelopments/about/


Baneasa Developments, the company founded by businessmen Radu Dimofte and Puiu Popoviciu – who has been sentenced to seven years in jail by a Romanian court – says that the development of its commercial center, which has a surface of 80,000 sqm and 364 stores, attracted additional property investors to the Baneasa platform between 2005 and 2016.
http://business-review.eu/news/analysis-baneasa-developments-aims-to-turn-northern-bucharest-into-major-mixed-use-project-151922