Facing what he calls Romania’s ‘extremely shameful record’ in literacy and book culture, Bucharest MP Ovidiu Raeţchi is talking up his ‘Pact for Books’ aimed at boosting book sales.
As other companies have done, Świat Książki has gained traction in part by taking over some locations of the distressed Matras chain in Poland’s bookstore marketplace.
Already estimated to hold some 17 percent of the Czech wholesale book market, Albatros Media this spring continues broadening its acquisitions portfolio by buying the country’s oldest publisher, gaining access to the adult nonfiction market in the process.
Announcing an IPO on the Warsaw Stock Exchange’s NewConnect index for this year, Poland’s Legimi ebook and audiobook subscription pursues development in Germany, China.
In its latest market report, Slovakia’s publishers’ association says the overall book market was worth up to €110 million (US$135.3 million) in 2016. Fiction rose to 27 percent of those sales.
The shakeout continues in Polish book retail, as the closure of bookstore chain Matras opens chances for competitors BookBook, Mole Mole, and Świat Książki to expand.
More than a quarter of the roughly 15,000 ebooks available in Czech are on the newly launched Bookport subscription platform, with more titles coming.
A new tax law allows Czech companies to offer tax-deductible book vouchers to employees. Publishers are hoping for a boost in book sales and book prices.
Czech publishers see gains in 2016’s market performance but are concerned about stubbornly high VAT rates and falling book prices.
In the latest of its moves amid East-European educational-sector interests, it proposes taking over publishing and distribution assets in Bulgaria.