European television stations yesterday announced plans to launch a 4.75 million share offering.

Central European Media Enterprises Ltd. which was founded three years ago by Estee Lauder heir Mr. Ronald Lauder, aims to raise more than $60 million, Bloomberg Business News reported.

The company, whose shares will be traded on the Nasdaq exchange, operates the only privately owned telelvison station in Czechslovakia, is developing stations in Berlin, Nuremberg, Germany and has licences to operate TV stations in Poland.

The shares have been priced at $14 and should raise more than $60 million for the company, whose registsred office is at law firm Conyers, Dill & Pearman.

Wertheim Schroder & Co. and Prudential Securities are co-managing the offer.

To date,the compnay has accumulated a net deficit of $16.7 million, although analysts were positive about the IPO.