Pangeaa Procurement is for 70 percent owned by Iranians and the Managing Director Leo Tempelaar (30% shareholder) is acting in breach of UN sanctions against Iran.
Most of the materials Pangeea is supplying is used in Iran and are sanctioned materials such as Hastelloy, Monel, Inconel etc, these materials are subject to export licence documents however as they deliver ex works Holland they just do if they do not know these goods are going to Iran.
These goods are purchased by an Iranian engineering company Sazeh via their Dutch Branch Procon Procurement in the Hague and exported via, via outside Europe, recently Pangeea purchased several large cases with tubing from these sensitive alloys from a company called EBK in the UK.

So these 3 companies together are avoiding the custom chanels and the Ministery of Economic affairs in the Netherlands and the EU.
I know these facts as I worked in Pangeea for several months.