7-Zip is a compressor / decompressor popular file and kept alive over many years. A few days ago launched the Version 9.20 of 7-Zip, Which has been in development for several months and brings a significant speed boost, plus support for new formats.
For example, PPMd compression adds support for ZIP files, and now you can unzip files NTFS, FAT, VHD, MBR, APM, MSLZ, SquashFS and CramFS. You can also decompress GZip, BZip2, LZMA, XZ and TAR with bad headers, a common problem and is often an impediment to extract.
7-Zip is available in both 32 and 64 bits, and occupies just download 1.3 MB of disk space.